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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Textiles 13 - Manufacture of textiles
170 jobs Number of planned job losses
Announcement Date
10 April 2015
Employment effect (start)
10 April 2015
Foreseen end date
Description
After the closure of the company's production site in Oberwart, Burgenland, the Swiss manufacturer of underwear Triumph now announced further job cuts at the Austrian headquarter in Wiener Neustadt (Eurofound has reported, EF-29532).
The executive office has already submitted a list with 170 dismissals to the local works council but affected employees have not yet been informed. On Monday, 13th April, representatives of the management and trade union have entered negotiations about the list and a social plan for affected employees. So far, there is no information available on when the restructuring will be completed.
Sources
10 April 2015: orf online
11 April 2015: OÖ Nachrichten
13 April 2015: Niederösterreichische Nachrichten
Citation
Eurofound (2015), Triumph, Internal restructuring in Austria, factsheet number 79257, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/79257.
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