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
165 jobs Number of planned job losses
Announcement Date
30 January 2009
Employment effect (start)
Foreseen end date
Description
Due to global economic downturn, Yazaki, a Japanese maker of electronic components for the auto industry, has announced that it is to make 165 employees redundant at its facility in Michalovce. Yazaki is one of the biggest employers in the region with about 6.3% unemployment. As of January 2009, there is no information when the job losses will occur.
Sources
30 January 2009: Hospodárske noviny
Citation
Eurofound (2009), Yazaki Wiring Technologies Slovakia, Internal restructuring in Slovakia, factsheet number 68379, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68379.