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 Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.1 - Manufacture of motor vehicles
500 jobs Number of planned job creations
Announcement Date
8 July 2011
Employment effect (start)
1 July 2011
Foreseen end date
30 June 2012
Description
On 8th July 2011, the Japanese car manufacturer Toyota announced its intention to recruit 500 employees on temporary contracts from July 2011 to June 2012. The firm has recruited 500 workers on temporary contracts since January 2011 for the production of the new Yaris model after an investment up to 125 million euro at its plant of Onnaing near Valenciennes (North).
Toyota's CEO in Europe, Didier Leroy, said that one half of the 1,000 temporary workers who have been recruited recently could be employed on a permanent contract in the future. He also said it is still possible to produce a small car in France, despite the high labour costs and provided that there are changes to the organisation of work and the enginnering process, cooperation with suppliers and a lower costs for logistics.
Sources
8 July 2011: La Tribune
8 July 2011: Radio France Internationale
Citation
Eurofound (2011), Toyota, Business expansion in France, factsheet number 72179, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72179.
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