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 - Manufacture of motor vehicles, trailers and semi-trailers 29 - Manufacture of motor vehicles, trailers and semi-trailers
280 jobs Number of planned job losses
Announcement Date
29 May 2014
Employment effect (start)
25 July 2014
Foreseen end date
Description
The French car manufacturer Peugeot-Citroen (PSA) announced the elimination of the third working shift at its plant in Mangualde. 280 jobs are to be lost. The third labour shift was established in April 2013 for an initial period of 9 months which was extended for 7 more months.
Sources
29 May 2014: PSA (Press Release)
29 May 2014: Correio da Manhã
Citation
Eurofound (2014), PSA Peugeot-Citroen, Internal restructuring in Portugal, factsheet number 77120, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77120.