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.
As announced on 20 August 2020, the Swedish automotive supplier Autoliv plans to offshore 270 jobs from Elmshorn, Germany, to Eastern Europe by mid-2023. The company's management confirmed that production of safety belts will be relocated to Sopron in Hungary, affecting 200 jobs, while another 70 jobs will be relocated to Romania. Autoliv intends to operate its plant in Elmshorn solely as technology centre for the development of new safety belts.
IG Metall and works’ council strongly oppose the company’s plans.
In July 2020, Autoliv announced a worldwide restructuring programme, due to the significant drop in sales related to the COVID-19 crisis. The programme includes cuts of up to 500 jobs in Europe and the possible closure of some plants until 2021.
Currently, Autoliv has 900 employees in Elmshorn.
Eurofound (2020), Autoliv, Offshoring/Delocalisation in Germany, factsheet number 101607, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/101607.