AMG

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Manufacturing
(24 - 25) Manufacture of metals
25 - Manufacture of fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
150 jobs
Number of planned job losses
Job loss
Announcement Date
18 March 2009
Employment effect (start)
Foreseen end date

Description

On 18 March 2009, AMG (producer of specialised metals) announced that it will cut at least 150 jobs, around 15% of the total number. The restructuring will take place in all countries where AMG operates, including the UK, Brazil and the European continent.

Sources

  • 18 March 2009: NRC Handelsblad

Citation

Eurofound (2009), AMG, Internal restructuring in World, factsheet number 68620, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68620.