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
94 - 194 jobs Number of planned job losses
Announcement Date
28 October 2005
Employment effect (start)
Foreseen end date
Description
Visteon UK the car-parts maker is restructuring its UK operations in both Wales and Northern Ireland. In the former it is moving 100 employees from Swansea to Bridgend whilst in Belfast it is seeking 94 redundancies. The moves reflect the need by the company to respond to a highly competitive motor components industry.
Sources
30 October 2005: Sunday Times
Citation
Eurofound (2005), Visteon, Relocation in United Kingdom, factsheet number 62469, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62469.