Autokühler

Type
Internal restructuring
Country
Germany
Region
Hessen; Kassel; Kassel, Landkreis
Location of affected unit(s)
Hofgeismar
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.1 - Manufacture of general-purpose machinery
28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
150 jobs
Number of planned job losses
Job loss
Announcement Date
29 April 2014
Employment effect (start)
29 April 2014
Foreseen end date

Description

German automotive supplier Autokühler is to cut 150 jobs at its site in Hofgeismar. As reported the job reduction measure envisages 108 direct dismissals and 42 job reductions by means of natural attrition and retirement and will affect mostly the production site as well as jobs in the administration and the thermotechnology department. The time-frame for the cost cutting measure is not yet available.  

Sources

  • 29 April 2014: Hessisch/Niedersächsische Allgemeine.de

Citation

Eurofound (2014), Autokühler, Internal restructuring in Germany, factsheet number 77015, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77015.