TRW Automotive

Type
Internal restructuring
Country
Italy
Region
Centro (IT); Toscana; Livorno
Location of affected unit(s)
Livorno
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.32 - Manufacture of other parts and accessories for motor vehicles
105 jobs
Number of planned job losses
Job loss
Announcement Date
14 November 2012
Employment effect (start)
1 January 2015
Foreseen end date

Description

TRW Automotive, a multinational manufacturer of steering systems for carmakers, is to cut up to 105 jobs (out of 470) at its plant located in Livorno.

This is not the first time the company is reducing is workforce in recent years, as it used to employ up to 700 workers 5 years ago. The company and the trade unions have planned some meetings in order to find measures aimed at reducing the negative effects of the job cuts.

Updated, 23/12/2013: After negotiations, on 21 November 2012, TRW announced its intention to avoid layoffs by resorting to a job-security agreement. The agreement, lasting until 31 December 2013, has been renewed for another year.

Sources

  • 23 December 2013: Consiglio Nazionale dell'Economia e del Lavoro
  • 21 November 2012: L'Unità
  • 14 November 2012: Il Tirreno

Citation

Eurofound (2012), TRW Automotive, Internal restructuring in Italy, factsheet number 74495, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74495.