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 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
240 jobs Number of planned job losses
Announcement Date
8 February 2018
Employment effect (start)
8 February 2018
Foreseen end date
29 February 2020
Description
The German automotive supplier Bosch will be cutting 240 of its 390 jobs at its Bosch-Automotive-Steering-plant in Bremen-Huchting by 2020 due to internal restructuring. According to some sources, production may be relocated to other Bosch plants in Hungary and France — this has yet to be confirmed by Bosch. The company considers the cuts to be inevitable in order to preserve the plant’s long-term competitiveness. Negotiations between company representatives and works council have already started. They will try to avoid operational terminations and will support early-retirement programmes.
Sources
8 February 2018: Handelsblatt (online)
8 February 2018: Weserreport (online)
Citation
Eurofound (2018), Bosch, Internal restructuring in Germany, factsheet number 93262, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93262.
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