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 (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
100 jobs Number of planned job losses
Announcement Date
17 December 2012
Employment effect (start)
20 December 2012
Foreseen end date
31 December 2012
Description
Japan Yazaki Wiring Technologies Company will dismiss 100 workers of the Michalovce plant by the end of 2012.
Redundancies are attributed to a decrease in orders from car producers. The management declined to give more information on the details of the redundancy procedures. According to reports, the majority of the redundant workers are on temporary or short-term contracts.
Sources
17 December 2012: Hospodárske noviny
Citation
Eurofound (2012), Yazaki Wiring Technologies, Internal restructuring in Slovakia, factsheet number 74709, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74709.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...