Type
Closure
Country
Portugal
Region
Continente; Lisboa; Grande Lisboa
Location of affected unit(s)
Amadora (Venda Nova)
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30 - Manufacture of other transport equipment

400 jobs
Number of planned job losses
Job loss
Announcement Date
18 March 2004
Employment effect (start)
1 March 2004
Foreseen end date
1 May 2004

Description

The Canadian company Bombardier, the biggest manufacturer of locomotives worldwide, will reduce its workforce by 6,600 and close up seven plants in Europe: 3 plants in the United Kingdom, 1 plant in Germany, 1 plant in Switzerland, 1 plant in Sweden and 1 plant in Portugal. In Portugal, the measure will affect 400 workers. According to management, there will be no collective dismissal, as they will resort to voluntary departures accompanied by special benefits. The reason of this measure is the lack of orders of material of railroad transport in the next 3 to 5 years. The global restructuring of the group represents 18.5% of its workforce in the Transportation section of Bombardier.


Sources

  • 18 March 2004: P├║blico

Citation

Eurofound (2004), Bombardier Transportation, Closure in Portugal, factsheet number 59272, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59272.