Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.1 - Manufacture of motor vehicles

800 jobs
Number of planned job losses
Job loss
Announcement Date
14 May 2003
Employment effect (start)
1 May 2003
Foreseen end date

Description

The MAN Group is one of Europe┬┤s leading suppliers of capital goods and systems in the fields of commercial vehicle construction, mechanical and plant engineering. Worldwide, MAN has 75,000 employees. There was a first announcement of 6000 job losses until the end of 2002, then 1000 more until the end of 2003. MAN plans to further cut the costs by suppressing some 800 jobs more, in particular at MAN Roland and Schloemann-Siemag.


Sources

  • 14 May 2003: Financial Times Deutschland

Citation

Eurofound (2003), MAN, Internal restructuring in World, factsheet number 59740, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59740.