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 (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
10,000 jobs Number of planned job losses
Announcement Date
16 September 2009
Employment effect (start)
1 October 2009
Foreseen end date
31 December 2009
Description
The group Bosch, which manufactures electronic equipment and equipment for cars is about to cut 10,000 jobs on its sites all over the world. The group is facing important losses and a decreasing turnover of about 15%. The group also intends to keep 100,000 more staff on short working hours.
Sources
16 September 2009: L'Echo
15 September 2009: Reuters
Citation
Eurofound (2009), Bosch, Internal restructuring in World, factsheet number 69543, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69543.