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
150 jobs Number of planned job losses
Announcement Date
7 January 2009
Employment effect (start)
1 November 2008
Foreseen end date
30 November 2008
Description
About 150 temporary agency workers of the General Motors Powertrain factory in Vienna were laid off in November 2008. This was reported by the Austrian newspaper Der Standard on 7 January 2009. Moreover, management plans to take recourse to short-time arrangements, affecting 1,540 of the current 1,850 employees from 19 January to 8 May 2009. This is due to persistent disturbances of economic activities in the automotive (supplying) industry. General Motors Powertrain Vienna mainly produces engines and gears for Opel vehicles.
Sources
7 January 2009: Der Standard
Citation
Eurofound (2009), General Motors, Internal restructuring in Austria, factsheet number 67752, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67752.
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