Type
Internal restructuring
Country
Belgium
Region
Vlaams Gewest; Prov. Limburg (B); Arr. Hasselt
Location of affected unit(s)
Genk
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60240.