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
168 jobs Number of planned job losses
Announcement Date
10 March 2008
Employment effect (start)
1 January 2008
Foreseen end date
31 December 2009
Description
General Motors, the American automobile company plans to reduce the workforce in its Strasbourg plant by 168, from October, as part of a wider European restructuring. The company aims to reduce its functioning costs and plans therefore to cut up some 4500 jobs across Europe. In Strasbourg, wheregear-boxes are manufactured, the management explained during an extraordinary session of the works council that it had to cut down on workforce because of a decreasing global market share and a loss-making outcome. The Human Resources manager affirmed that "everything will be done in order to limit the number of direct dismissals". According to the Union (CFDT), about 34 job losses would be volontary while an indemnity would be given to the others. indemnity would be given to the others.
Sources
8 April 2008: Les Echos
Citation
Eurofound (2008), General Motors, Internal restructuring in France, factsheet number 66490, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66490.
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