EMCC European Monitoring Centre on Change

Wärtsilä

Company/Organisation:
Wärtsilä

Geographic Location

Country: World

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment

Employment Effects

Announcement Date: 11-09-2003
Planned Job Reductions min: 400
Planned Job Reductions max: 500
Type of Restructuring: Internal restructuring

Additional Information

Wärtsilä has announced plans to cut its labour force by 400-500 employees. The majority of dismissals will take place in Mulhouse (France) where an factory will be shut down. At the same time when this decision was made Wärtsilä has planned to start a factory in China.