Type
Internal restructuring
Country
Ireland
Region
Southern and Eastern; South-East (IRL);
Location of affected unit(s)
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

35 - 40 jobs
Number of planned job losses
Job loss
Announcement Date
11 August 2003
Employment effect (start)
Foreseen end date

Description

The redundancies are voluntary, and severance terms of five and a half weeks pay per year of service have been agreed between management and unions.

Lapple Ireland Ltd manufactures car parts, and management has attributed the job losses to exchange rate fluctuations, increases in indirect costs and low-cost competition from other countries.


Sources

  • 14 August 2003: The Irish Times

Citation

Eurofound (2003), Lapple Ireland Limited, Internal restructuring in Ireland, factsheet number 58888, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/58888.