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
180 jobs Number of planned job losses
Announcement Date
1 October 2008
Employment effect (start)
1 October 2008
Foreseen end date
31 December 2008
Description
Tenneco, manufacturer of shocks absorbers for cars in Sint-Truiden, Belgium, has announced that it will not renew the contracts of 180 temporary employees. One first measure was announced last October and led to the end of the employment contract of 100 temporary employees. In December 2008, 80 further employees learnt that their contract will be not renewed. The demand for shocks absorbers has decreased dramatically these last few months because of the decrease in demand in the automobile industry.
Sources
5 December 2008: De Standaard
Citation
Eurofound (2008), Tenneco automotive, Internal restructuring in Belgium, factsheet number 67910, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67910.
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