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.
Niedersachsen; Weser-Ems; Osnabrück, Kreisfreie Stadt
Location of affected unit(s)
Osnabrück
Sector
Manufacturing (29 - 30) Manufacture for transport equipment 29.1 - Manufacture of motor vehicles 29.1 - Manufacture of motor vehicles
120 jobs Number of planned job losses
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://apps.eurofound.europa.eu/restructuring-events/detail/60735.