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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Warehousing And Support Activities For Transportation 52 - Warehousing and support activities for transportation
400 jobs Number of planned job losses
Announcement Date
29 January 2009
Employment effect (start)
28 January 2009
Foreseen end date
10 April 2009
Description
Syncreon Kft is to dismiss 400 of its workers due to the crisis affecting the automotive industry. As the company's sole consigner is Audi Hungária Motor Kft. and the manufacturing facility is actually based in Audi's site in GyÅ‘r, internal changes in Audi's production management, including retaking responsibility for the execution of many logistical procedures, have facilitated the layoffs. Syncreon Kft. is part of the Syncreon Group, a provider of integrated logistics for relevant partners in the automotive and technology field. The Hungarian plant was employing 1400 people when the collective redundancy measure was initiated on 28 January 2009. As often several members of the same family are employed by the company, trade unions present in the plant started lobbying at the management of the company not to dismiss more than one person from a family. Â
Eurofound (2009), Syncreon, Internal restructuring in Hungary, factsheet number 68427, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68427.
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