Lear Corporation

Type
Relocation
Country
Sweden
Region
Södra Sverige; Västsverige;
Location of affected unit(s)
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
100 jobs
Number of planned job losses
Job loss
Announcement Date
20 November 2002
Employment effect (start)
1 October 2002
Foreseen end date

Description

The decision of Lear, which will report 200-million SEK losses this year, is mainly the result of the reduction of projects in the development division.

Citation

Eurofound (2002), Lear Corporation, Relocation in Sweden, factsheet number 59745, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59745.