EMCC European Monitoring Centre on Change

Tecumseh Europa

Company/Organisation:
Tecumseh Europa

Geographic Location

Country: Italy
Region: Torino; Piemonte; Nord Ovest
Location of affected unit(s): Torino (TO)

Company

Sector: Manufacturing
Manufacture of electrical equipment
27 - Manufacture of electrical equipment
Number Employed: 450
Group: Tecumseh

Employment Effects

Announcement Date: 20-02-2002
Planned Job Reductions min: 270
Planned Job Reductions max: 270
Type of Restructuring: Internal restructuring
Direct Dismissals: 270

Additional Information

Tecumseh Europa, part of the US-based multinational company Tecumseh, and producer of motors for lawn-mowers, announced after one year of ordinary wages guarantee fund a restructuring plan which includes the use of the special wages guarantee fund for one year and 270 redundancies.