ZF Wind Power
Arr. Antwerpen; Prov. Antwerpen; Vlaams Gewest
Location of affected unit(s):
Manufacture of machinery and equipment n.e.c.
28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Employment Effect Start:
Foreseen End Date:
The company ZF Wind Power, manufacturer of parts for wind mills, announced its intention to reduce its workforce by 15 percent, which will imply 135 job cuts.
According to the management, the restructuring has become necessary as there is an overcapacity in the market and a threat to its general competitiveness.