Type
Internal restructuring
Country
Austria
Region
Location of affected unit(s)
Wien
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.1 - Manufacture of motor vehicles

220 jobs
Number of planned job losses
Job loss
Announcement Date
5 April 2004
Employment effect (start)
5 April 2004
Foreseen end date

Description

The German producer of heavy utility vehicles, MAN, runs two subsidiaries in Austria, one of them in Vienna. Due to a recent falling off of orders, the Viennese production site, specialised in heavy special-purpose vehicles, has been forced to curb its production during 2004. Thus, 220 of the current 870 employees will be laid off within the next weeks. They are offered the choice either to enter a re-employment scheme or to be indemnified by severance pay.


Sources

  • 5 April 2004: Wirtschaftsblatt

Citation

Eurofound (2004), MAN, Internal restructuring in Austria, factsheet number 60322, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60322.