Company/Organisation:
Läpple
Geographic Location
Country:
Germany
Company
Sector:
Manufacturing
Manufacture of transport equipment
29.3 - Manufacture of parts and accessories for motor vehicles
Number Employed:
2500
Employment Effects
Announcement Date:
28-10-2020
Planned Job Reductions min:
300
Planned Job Reductions max:
300
Type of Restructuring:
Internal restructuring
Employment Effect Start:
28-10-2020
Other Job Reduction Measures:
300
Additional Information
As announced on 28 October 2020, the German automotive supplier Läpple will be cutting 300 of its 2,500 jobs in Germany due to internal restructuring. Läpple, like other automotive suppliers, has been hit hard by the COVID-19 crisis and is expecting a drop in sales by 25% for 2020. Consequently, short time working arrangements and working time accounts have become insufficient to secure the company’s future, making cuts inevitable. Management and works council will start negotiations shortly to discuss a voluntary severance payment programme and the timeframe of the job reduction. Management intends to avoid compulsory redundancies.
Läpple has 2,700 employees worldwide.
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