Type
Internal restructuring
Country
Poland
Region
Poludniowy; Slaskie; Centralny slaski
Location of affected unit(s)
Mikołów
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.31 - Manufacture Of Electrical And Electronic Equipment For Motor Vehicles

230 jobs
Number of planned job losses
Job loss
Announcement Date
6 June 2024
Employment effect (start)
6 July 2024
Foreseen end date

Description

Yazaki Automotive Products Poland, which operates in the automotive electrical wiring sector, will lay off 230 employees from its Mikołów plant.

The restructuring comes due to the termination of a contract with Maserati and the lack of new contracts. Two rounds of layoffs will start in the upcoming days. The considered support for laid-off employees includes severance pay as per national law, an extra month's salary, and a one-time payment.

The trade union "Solidarity" raised concerns about layoffs at Yazaki's Polish plant during the corporation's European Works council. A finalised agreement on layoff rules between management and the union is expected by June 11.

Yazaki Corporation was established in 1941 and produces automotive components. The factory in Mikołów has been operating since 2002; it was acquired by Yazaki in 2011. The plant in Mikołów already laid-off 500 employees in 2020, for the factsheet on this restructuring, see: Yazaki Automotive Products Poland - 2020-PL.


Sources

Citation

Eurofound (2024), Yazaki Automotive Products Poland, Internal restructuring in Poland, factsheet number 201287, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201287.