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 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
100 jobs Number of planned job losses
Announcement Date
17 December 2012
Employment effect (start)
20 December 2012
Foreseen end date
31 December 2012
Description
Japan Yazaki Wiring Technologies Company will dismiss 100 workers of the Michalovce plant by the end of 2012.
Redundancies are attributed to a decrease in orders from car producers. The management declined to give more information on the details of the redundancy procedures. According to reports, the majority of the redundant workers are on temporary or short-term contracts.
Sources
17 December 2012: Hospodárske noviny
Citation
Eurofound (2012), Yazaki Wiring Technologies, Internal restructuring in Slovakia, factsheet number 74709, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74709.