Restructuring events
European Restructuring Monitor (ERM)
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.
Magneti Marelli, a company specialising in the production of components for the automotive industry, has announced it will be laying off 130 people from it Sosnowiec plants.
The two reasons given for the redundancies are the crisis in the automotive industry, which has caused the fall in orders and an increase in production costs, and the need to change the employment structure to proportionally increase the participation of blue-collar and direct production workers in relation to white-collar and indirect production workers. The trade unions operating in the factory signed agreements with the employer. They have negotiated increased severance payments for laid-off workers, assurance that layoffs can only affect one of the spouses, and provisions tat those just before retirement will retain their right to wages until retirement.
Magneti Marelli is an Italian company that designs and manufactures systems, modules and high-tech components for the automotive industry. Magneti Marelli employs in Sosnowiec at two locations: the Marelli Sosnowiec Poland Sp. z o.o. plant, which manufactures automotive lighting systems, and Marelli Sosnowiec Poland Sp. z o.o. Green Technology Solutions, which manufactures mufflers.
Eurofound (2023), Magneti Marelli, Internal restructuring in Poland, factsheet number 108655, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108655.