Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Retail
Wholesale And Retail Trade And Repair Of Motor Vehicles And Motorcycles
Wholesale And Retail Trade And Repair Of Motor Vehicles And Motorcycles
45 - Wholesale and retail trade and repair of motor vehicles and motorcycles

40 jobs
Number of planned job losses
Job loss
Announcement Date
8 July 2011
Employment effect (start)
Foreseen end date
31 December 2011

Description

On July 8th, 2011 the online paper Autohaus Online reported that the Japanese car manufacturer Toyota plans to cut 40 out of 306 jobs in Germany until the end of 2011. The job cuts are part of the company's cost-cutting programme to counter its net losses.


Sources

  • 8 July 2011: Autohaus Online

Citation

Eurofound (2011), Toyota Deutschland, Internal restructuring in Germany, factsheet number 72593, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72593.