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
318 jobs Number of planned job losses
Announcement Date
29 October 2008
Employment effect (start)
29 October 2008
Foreseen end date
20 March 2009
Description
Recession made Bosch Hungary reorganise production at its plant in Hatvan (Heves County) which produces spare parts for car manufacturers. The new plant reduced the number of daily shifts from 4 to 3, for which fewer employees were necessary. As a result 250 out of the total 3,050 workers of the facility were made redundant. Initially the company's production facility had hoped to outlive the crisis by not renewing the employment of 68 temporary agency workers back in October. However the escalating of the crisis, affecting the automotive industry worldwide, made the implementation of this mass redundancy scheme inevitable from 15 February 2009.In the period between the notice and the dismissal entering into force, the company helped its laid-off workers with career development services such as advising on re-training.The Hatvan plant is part of the Bosch Group with headquarters in Stuttgart (Germany), which has 13 production and distribution facilities in Hungary.
Sources
29 October 2008: Heves Megyei Online
15 January 2009: Heves Megyei Online
16 January 2009: Világgazdaság
16 January 2009: HR Portal
Citation
Eurofound (2008), Bosch, Internal restructuring in Hungary, factsheet number 68274, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68274.
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