Type
Internal restructuring
Country
Germany
Region
Nordrhein-Westfalen; Köln; Köln
Location of affected unit(s)
Cologne
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.1 - Manufacture of motor vehicles

500 jobs
Number of planned job losses
Job loss
Announcement Date
5 December 2009
Employment effect (start)
Foreseen end date
30 November 2009

Description

The car manufacturer Toyota has cut 500 out of 650 jobs at its site in Cologne in November 2009. This was reported by the press on 5 December. At the beginning of November, the Japanese car manufacturer had stated to leave the Formula 1. The Cologne site develops and produces racing cars. A spokesperson of the company stated that employees were dismissed on 30 November 2009.


Sources

  • 5 December 2009: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2009), Toyota, Internal restructuring in Germany, factsheet number 69973, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69973.