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 29.10 - Manufacture of motor vehicles
890 jobs Number of planned job losses
Announcement Date
4 July 2012
Employment effect (start)
4 July 2012
Foreseen end date
31 December 2012
Description
Italian truck manufacturer Iveco has announced plans to close five of its European sites in 2012, of which three are located in Germany. In Germany, a total of 890 jobs will be cut.
The plants at Wesiweil (200 jobs) and Görlitz (20 jobs) will be closed as a new 'competence centre' for the manufacturing of fire fighting vehicles will be established in Ulm. Despite of the concentration of the production in Ulm, the company's site in Ulm will be equally affected with 670 planned job losses.
The works council has signaled to fight against the job cuts.
Globally, Iveco aims to cut 1,075 jobs.
Sources
7 May 2012: Südwest Presse
2 July 2012: Focus
Citation
Eurofound (2012), Iveco, Internal restructuring in Germany, factsheet number 73840, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73840.
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