Restructuring events
European Restructuring Monitor (ERM)
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.
Finnish glass producer Pilkington Automotive, part of the NSG Group, has announced that it is reducing its workforce by 70 positions in order to adapt capacity in relation to demand. The restructuring is an effect of weak demand for glass products. The job loss will affect Pilkington's facilities in Tampere and Ylöjärven. Possible measures may include layoffs, temporary layoffs, as well as part-time work schemes. The restructuring changes will be implemented gradually from November 2014, and is estimated to be finished by May 2015 the latest.
Pilkington Automotive Finland's net sales last fiscal year were €135 million and the company employs a total of 700 people in Finland.
Updated, 28-11-14: The negotiations were concluded on 25 November 2014. The outcome was the closure of the Ylöjärvi plant and the reduction of 30 employees. In addition, temporary layoffs are to be expected.
Eurofound (2014), Pilkington Automotive, Closure in Finland, factsheet number 77578, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77578.