Type
Internal restructuring
Country
Czechia
Region
Jihozapad; Plzensky;
Location of affected unit(s)
Rokycany
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.32 - Manufacture of other parts and accessories for motor vehicles

400 jobs
Number of planned job losses
Job loss
Announcement Date
18 March 2020
Employment effect (start)
20 March 2020
Foreseen end date

Description

Borgers CS, a manufacturer of textiles and mouldings for cars will lay off about 400 agency workers on Friday 20th March and hundreds more people will gradually stay home and be receiving 60% of their average earnings. The reason for this is the cancellation of orders from the three largest automakers (Škoda Auto, TPCA and Hyundai) that are closing or significantly reducing their domestic production due to the coronavirus pandemic. 

The company currently employs more than 2,000 people at its four plants in the Rokycany region and is preparing to shut down part of the production.

Borgers CS is part of the German Borgers Group with 23 manufacturing plants in Europe, China and the USA. 


Sources

Citation

Eurofound (2020), Borgers CS, Internal restructuring in Czechia, factsheet number 100052, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/100052.