XEOS

Type
Closure
Country
Poland
Region
Makroregion południowo-zachodni; Dolnośląskie; Wrocławski
Location of affected unit(s)
Środa Śląska
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
30.3 - Manufacture of air and spacecraft and related machinery
30.3 - Manufacture of air and spacecraft and related machinery
220 jobs
Number of planned job losses
Job loss
Announcement Date
8 June 2021
Employment effect (start)
8 June 2021
Foreseen end date

Description

XEOS, a joint venture created by Lufthansa and General Electric, announced that it will cut about 220 jobs throughout a collective dismissal programme at its production facility in Środa Śląska. Under the restructuring programme, the company is to close down the site and cut all positions. XEOS has started negotiations with employees’ representatives. The programme is related to the COVID-19 pandemic which has affected the aviation industry; the company reported a drop in demand for its services.

The factory has been operating since 2019; it specialises in servicing and maintenance of GE’s engines. For previous restructuring event see XEOS2019-PL (300 jobs created).

Sources

Citation

Eurofound (2021), XEOS, Closure in Poland, factsheet number 104911, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/104911.