Lear Corporations

Type
Internal restructuring
Country
Belgium
Region
Vlaams Gewest; Prov. Limburg (BE); Arr. Hasselt
Location of affected unit(s)
Genk
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
140 jobs
Number of planned job losses
Job loss
Announcement Date
7 October 2003
Employment effect (start)
Foreseen end date

Description

Lear Corporations announced a restructuring plan affecting 140 workers in Belgium (Genk). This measure is directly linked with the restructuring announcements of Ford (Genk, Belgium). Lear Corporations is indeed a direct supplier for the manufacturing of the Ford Mondeo, produced at Ford Genk.

Sources

  • 25 October 2003: Les Echos
  • 25 October 2003: Le Soir
  • 7 October 2003: Les Echos

Citation

Eurofound (2003), Lear Corporations, Internal restructuring in Belgium, factsheet number 60240, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60240.