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.
Transportation / Storage Warehousing, storage and support activities for transportation Support activities for transportation 52.2 - Support activities for transportation
112 jobs Number of planned job losses
Announcement Date
10 April 2025
Employment effect (start)
10 April 2025
Foreseen end date
Description
The Japanese company JTEKT that is dedicated to automotive steering systems, has just announced the cut of 112 jobs amidst a tense economic climate and fierce international competition. JTKET employees gathered to stand against the suppression of jobs at their Irigny site located in the south of Lyon. They denounce a "brutal deindustrialization" linked with a global offshoring movement to Marocco as well as Czechia and the closure of research projects. Trade unions such as the General Confederation of Labour (CGT) called for a massive mobilization to denounce a short-term strategy that endangers not only jobs but also the French industrial expertise.
Eurofound (2025), JTEKT , Internal restructuring in France, factsheet number 202606, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/202606.
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