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.
Manufacturing (13 - 15) Manufacture of textiles, apparel and leather 15 - Manufacture of leather and related products of other materials 15 - Manufacture of leather and related products of other materials
352 jobs Number of planned job losses
Announcement Date
28 February 2003
Employment effect (start)
1 October 2002
Foreseen end date
1 April 2003
Description
This german company has started to reduce his number of workers in October 2002. The closure will take place in April 2003. The company argues that there are no orders. About 97% of employees are women older than 40 years old.
Sources
30 April 2003: Público
Citation
Eurofound (2003), Schuh-Union, Closure in Portugal, factsheet number 59305, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59305.