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.
Böblingen (close to Stuttgart) , Wuppertal, Grefrath
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
880 jobs Number of planned job losses
Announcement Date
18 May 2015
Employment effect (start)
18 May 2015
Foreseen end date
Description
Johnson Controls, a US automotive supplier, will close its plant in Böblingen, Germany, and 220 jobs will be cut as a result. According to the company this restructuring has become necessary due to a loss of a large-scale contract for Mercedes. Another two plants of the company are equally confronted with closure; one in Grefrath with around 310 employees and one in Wuppertal with 350 employees.
Sources
18 May 2015: Handelsblatt online
18 May 2015: Focus Online
Citation
Eurofound (2015), Johnson Controls, Closure in Germany, factsheet number 83737, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/83737.
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