Type
Internal restructuring
Country
Hungary
Region
Alfod es Eszak; Eszak-Magyarorszag; Borsod-Abauj-Zemplen
Location of affected unit(s)
Ózd
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

100 - 150 jobs
Number of planned job losses
Job loss
Announcement Date
18 November 2008
Employment effect (start)
18 November 2008
Foreseen end date
18 November 2008

Description

Saia Burgess Ózd Kft, an automotive industry supplier, has made between 100 and 150 workers redundant at its plant in Ózd, Hungary.

Saia Burgess Ózd Kft confirmed news agency reports on the mass redundancy measure initiated at the plant. News agencies estimated that the lay-off affects approximately 100 workers, though one online agency quoted plant workers indicating numbers as high as 150. The majority of those dismissed are temporary agency workers, whilst the rest had fixed-term work contracts. Local management blamed the measures on the global crisis hitting the car industry.

The Hungarian facility, producing electrical spare parts, is a subsidiary of Saia Burgess Electronics Company, whose headquarters are in Murten (Switzerland). The uncertainty over the exact number of dismissed Hungarian workers is due to the fact that only the headquarters have the mandate to disclose such information.


Sources

Citation

Eurofound (2008), Saia Burgess Ózd, Internal restructuring in Hungary, factsheet number 69235, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69235.