The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
100 jobs Number of planned job losses
Announcement Date
23 June 2017
Employment effect (start)
23 June 2017
Foreseen end date
31 December 2018
Description
On 23 June 2017, the German automotive supplier Mahle announced it will cut some 100 jobs by the end of 2018 at its site in Markgröningen, Germany. The company manufactures small motor components for hand-held machinery, for which demand has fallen in recent years. Mahle's parts for combustion engines are also less in demand as vehicle manufacturers increasingly require components for electric vehicles.
Mahle must avoid compulsory redundancies due to a dismissal protection until 2019. A social plan stipulates early retirement, partial retirement and severance payments. In case these measures are not sufficient, a transfer agency may be set up that could run for up to 3 years.
As of June 2017, Mahle's affected small motor component manufacturing department counts 220 employees. Overall, the site in Markgröningen has 590 staff members.
Sources
23 June 2017: Mahle press release
28 June 2017: Stuttgarter Zeitung
Citation
Eurofound (2017), Mahle, Internal restructuring in Germany, factsheet number 91504, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91504.
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