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
70 jobs Number of planned job losses
Announcement Date
21 April 2005
Employment effect (start)
Foreseen end date
Description
Thule Sweden, which produces load carriers for cars, announced that it was going to cut 70 jobs at its plant in Hillerstorp, where 320 workers are currently employed. Negotiations with trade unions have already started and are expected to be finalised by the end of May 2005. According to Peter Kral, President Division Car Accessories Europe/Asia, the focus has been put on expansion rather than on production effectiveness in recent years and it is now time for the company to review its production flows in order to strengthen its competitiveness.
Sources
21 April 2005: Press release by Thule
21 April 2005: Sveriges Radio
Citation
Eurofound (2005), Thule Sweden, Internal restructuring in Sweden, factsheet number 61456, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61456.
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