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
6,000 - 7,000 jobs Number of planned job losses
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.
Citation
Eurofound (2002), MAN, Internal restructuring in World, factsheet number 59789, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59789.