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

6,000 - 7,000 jobs
Number of planned job losses
Job loss
Announcement Date
20 November 2002
Employment effect (start)
1 November 2002
Foreseen end date
1 December 2003

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 76,000 employees (77606 employees Annual report 2001). First announcement 6000 job losses until the end of 2002, then 1000 more until the end of 2003.


Sources

Citation

Eurofound (2002), MAN, Internal restructuring in World, factsheet number 59789, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59789.