EMCC European Monitoring Centre on Change

Lear Corporation

Company/Organisation:
Lear Corporation

Geographic Location

Country: Sweden
Region: Hallands län; Västsverige

Company

Sector: Manufacturing
Manufacture of transport equipment
29.3 - Manufacture of parts and accessories for motor vehicles
Group: Lear Corporation

Employment Effects

Announcement Date: 20-11-2002
Planned Job Reductions min: 100
Planned Job Reductions max: 100
Type of Restructuring: Relocation
Employment Effect Start: 01-10-2002

Additional Information

The decision of Lear, which will report 200-million SEK losses this year, is mainly the result of the reduction of projects in the development division.