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 (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
100 jobs Number of planned job losses
Announcement Date
8 June 2009
Employment effect (start)
Foreseen end date
31 December 2009
Description
Timken, a supplier of ball bearings to the automotive, railway, and aerospace industries, plans to cut 100 jobs at its Sosnowiec factory by the end of 2009. These job cuts will come on top of the 200 redundancies which have been implemented since the beginning of the year. Timken's main clients are Ford, General Motors, Volkswagen, and Peugeot.
Eurofound (2009), Timken, Internal restructuring in Poland, factsheet number 69071, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69071.