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.
Sources:
20-02-2005La Stampa