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 Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
New offshoring locations
Various EU Locations
170 jobs Number of planned job losses
Announcement Date
30 May 2005
Employment effect (start)
1 June 2005
Foreseen end date
Description
Delphi Packard Austria, a major Austrian supplier for the European automotive industry located in Großpetersdorf (Burgenland), will reduce its workforce by 137 workers. Some additional 33 jobs are to be cut in the course of 2005. This was announced by the companys CEO, Franz Kromp, in the latest press release of 30 May 2005. The company, which is specialised in the production of cable systems and of synthetic and electronic components as well as the manufacturing of cables for the automotive industry, is going to relocate the latter production branch to Middle-East Europe, where the costs for manual work are significantly lower. The plant currently employs some 650 workers.
Sources
30 May 2005: Der Standard
Citation
Eurofound (2005), Delphi Packard, Offshoring/Delocalisation in Austria, factsheet number 61724, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61724.
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