Type
Closure
Country
Portugal
Region
Continente; Norte;
Location of affected unit(s)
Ponte de Lima
Sector
Manufacturing
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Leather And Related Products
15 - Manufacture of leather and related products

352 jobs
Number of planned job losses
Job loss
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59305.