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 Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.4 - Manufacture of electric lighting equipment
New offshoring locations
Hungary
400 jobs Number of planned job losses
Announcement Date
22 October 2013
Employment effect (start)
22 October 2013
Foreseen end date
1 January 2018
Description
German automotive supplier Bosch is to cut up to 400 jobs in Hildesheim (Lower Saxony) until 2018.
The measure is due to weak sales in Europe and increased competition. The main part of the company’s production of starters is to be relocated to a Bosch site in Miskolc, Hungary.
The company aims to avoid forced redundancies and is to promote the relocation of workers to other production sites.
In total, Bosch employs 3,500 people in Hildesheim (of which 1,350 in the production of starters) and a total of 120,000 in Germany. For former restructurings see Bosch (2013), Bosch (2011/1) and Bosch (2011/2).
Sources
23 October 2013: Handelsblatt
22 October 2013: Stuttgarter Zeitung
22 October 2013: Focus
Citation
Eurofound (2013), Bosch, Offshoring/Delocalisation in Germany, factsheet number 76086, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76086.
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