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.
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
700 - 900 jobs Number of planned job losses
Announcement Date
18 December 2004
Employment effect (start)
Foreseen end date
Description
Phoenix, the automotive components manufacturer had already announced a restructuring plan involving the suppression of some 700 jobs at its site in Hamburg-Harburg. Now it is said that the number will be "under 900". Some 350 jobs will be transferred on other production sites of Continental, mostly in Germany.
Sources
18 December 2004: Frankfurter Allgemeine Zeitung
18 December 2004: Die Welt
Citation
Eurofound (2004), Phoenix, Internal restructuring in Germany, factsheet number 60944, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60944.