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

120 jobs
Number of planned job losses
Job loss
Announcement Date
2 November 2004
Employment effect (start)
Foreseen end date

Description

As a full-service-vehicle-supplier, Karmann supplies the international automobile industry with ideas, new solutions, products and production plants. Karmann will shed some 120 jobs in order to face the overcapacity and the competition of Southern and Eastern lower cost producers.


Sources

  • 2 November 2004: Stuttgarter Zeitung

Citation

Eurofound (2004), Karmann, Internal restructuring in Germany, factsheet number 60735, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60735.