Iveco

Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Ulm, Görlitz, Weisweil
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.1 - Manufacture of motor vehicles
29.10 - Manufacture of motor vehicles
890 jobs
Number of planned job losses
Job loss
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://apps.eurofound.europa.eu/restructuring-events/detail/73840.