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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
200 - 450 jobs Number of planned job losses
Announcement Date
20 February 2009
Employment effect (start)
2 March 2009
Foreseen end date
30 September 2009
Description
CNH, which manufactures agricultural machineries, is about to cut 450 temporary jobs at its plant in Zedelgem, Flanders. The company announced two waves of restructuring with the non-renewal of 200 temporary jobs in March and 250 after the summer. The company explained that this decision was the result of decreased demand due to the global economic crisis and the introduction of protectionist measures in Russia and the Ukraine, the two biggest customers of the company.
Eurofound (2009), CNH Belgium (Case New Holland), Internal restructuring in Belgium, factsheet number 69501, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69501.
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