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 (29 - 30) Manufacture for transport equipment 29.1 - Manufacture of motor vehicles 29.1 - Manufacture of motor vehicles
1,400 jobs Number of planned job losses
Announcement Date
15 May 2002
Employment effect (start)
Foreseen end date
1 December 2004
Description
1,250 of the redundant workers will be early retirements. Other workers will be replaced on other units in Belgium (Gand) or in Turkey with the help of a grant.
Sources
15 May 2002: Les Echos
22 May 2002: Les Echos
29 August 2002: Les Echos
Citation
Eurofound (2002), Ford, Internal restructuring in Belgium, factsheet number 59432, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59432.