Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Hamburg, Harburg
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

700 - 900 jobs
Number of planned job losses
Job loss
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60944.