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.
Wolfurt (Austria)n and other unknown locations worldwide
Sector
Manufacturing Manufacturing Of Machinery And Equipment 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
3 July 2009
Employment effect (start)
3 July 2009
Foreseen end date
31 March 2010
Description
The Austria-based ropeway engineering company Doppelmayr/Garavena is to cut 100 of its currently 2,600 jobs worldwide by 31 March 2010. Most of the redundancies (65) will be effective at the headquarters in Wolfurt, Vorarlberg. This is because the order intakes as predicted for 2010/11 will be declining, in particular in North America, where the current economic downturn has substantially hit the tourism resorts. Therefore the need for new passenger transport systems has significantly dropped. The redundancy plans were announced in a press release of the company on 3 July 2009. The Chamber of Labour (Arbeiterkammer) of Vorarlberg has demanded the conclusion of a social plan to mitigate the consequences of the planned dismissals for the Austrian employees affected, whereas the company wants to find ‘individual solutions' for each of them.
Sources
3 July 2009: Der Standard
Citation
Eurofound (2009), Doppelmayr/Garaventa, Internal restructuring in World, factsheet number 69323, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69323.
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