Type
Internal restructuring
Country
Belgium
Region
Vlaams Gewest; Prov. Limburg (B); Arr. Hasselt
Location of affected unit(s)
Genk (Vlaams Geweest)
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.1 - Manufacture of motor vehicles

1,400 jobs
Number of planned job losses
Job loss
Announcement Date
15 May 2002
Employment effect (start)
Foreseen end date
1 December 2004

Description

1,250 of the redundant workers will be early retirements. Other workers will be replaced on other units in Belgium (Gand) or in Turkey with the help of a grant.


Sources

  • 15 May 2002: Les Echos
  • 22 May 2002: Les Echos
  • 29 August 2002: Les Echos

Citation

Eurofound (2002), Ford, Internal restructuring in Belgium, factsheet number 59432, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59432.