Type
Internal restructuring
Country
Germany
Region
Hessen;
Location of affected unit(s)
Hanau, Fulda
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

1,100 jobs
Number of planned job losses
Job loss
Announcement Date
19 March 2019
Employment effect (start)
19 March 2019
Foreseen end date
1 January 2022

Description

The German tyre manufacturer Goodyear Dunlop announced on 19th March 2019 that 1,100 employees will be dismissed in Germany due to internal restructuring until 2022. Goodyear Dunlop plans to invest €106 million to automate its production in Hanau and Fulda, in order to become more competitive in the future. In Hanau 610 of 1,400 jobs will be cut and in Fulda 490 of 1,520 jobs. The job reduction is planned to be as socially acceptable as possible.

Currently, Goodyear Dunlop has 6,400 employees in Germany and 64,000 employees in all over the world.


Sources

Citation

Eurofound (2019), Goodyear Dunlop, Internal restructuring in Germany, factsheet number 97559, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97559.