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 - Manufacture of motor vehicles, trailers and semi-trailers
100 jobs Number of planned job losses
Announcement Date
20 November 2008
Employment effect (start)
1 January 2009
Foreseen end date
31 December 2009
Description
Honeywell-Garrett SA, a manufacture of motor vehicles, trailers and semi-trailers has announced that 100 jobs will be cut in Thaon (Vosges) in 2009.
The company is facing financial problems and an overall decline in the sector's activity.
Honeywell-Garrett, which is one of the pillars of the local economy, has counted up to 1,050 employees and 400 temporary agency workers in Thaon.
Sources
22 November 2008: L'Est Républicain
8 September 2008: Les Echos
Citation
Eurofound (2008), Honeywell Garrett SA, Internal restructuring in France, factsheet number 67097, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67097.
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