Voestalpine Automotive Components

Type
Internal restructuring
Country
Netherlands
Region
West-Nederland; Utrecht; Utrecht
Location of affected unit(s)
Bunschoten
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.2 - Manufacture of bodies and coachwork for motor vehicles; manufacture of trailers and semi-trailers
29.20 - Manufacture of bodies and coachwork for motor vehicles; manufacture of trailers and semi-trailers
116 jobs
Number of planned job losses
Job loss
Announcement Date
23 September 2019
Employment effect (start)
Foreseen end date

Description

Austrian steel producer Voestalpine is reducing by 116 jobs the workforce at its subsidiary company Voestalpine Automotive Components in Bunschoten, the Netherlands. At the Bunschoten plant, the company makes bodywork parts for BMW, Volkswagen and Daimler-Benz. Currently around 1,000 people are working in Bunschoten,the job cuts will take the form of redundancies. The steel producer is experiencing issues due to the crisis in the (German) automotive industry, leading to a lower demand of bodywork parts. 

Social partners stated they are shocked by the size of the restructuring and are negotiating a social plan with Voelstalpine.

Sources

  • 23 September 2019: Financieel Dagblad (fd.nl)

Citation

Eurofound (2019), Voestalpine Automotive Components, Internal restructuring in Netherlands, factsheet number 98641, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98641.