2800 Jobs cut as auto parts manufacturers to close factories

Automotive industry has seen three major issues facing the United States, and how this force companies to cut jobs. Ford Motor Company, General Motors and Chrysler Group's restructuring plan, tried to implement the losses, they there in the past few years, or disturb. The company's restructuring plans to lay off the assembly plant and reduce the number of hours worked closedFacilities. This process is a serious blow to Michigan, living in the U.S. Big Three auto manufacturers have. Recently, a pair of car parts maker ArvinMeritor Inc. has announced that it incurred heavy losses in the past fiscal year, therefore, 13 plants, closure of which would result in 2,800 jobs will be cleared of the country, the new storm .

The company reported that 13 factories, they were forced to shut downIn North America and Europe. In Europe, the company will close four plants, while the remaining nine facilities were shut down in North America. The company said the reorganization plan will give the estimated 325 million U.S. dollars in financial difficulties. Thus far, ArvinMeritor's only one factory, in the near future, the end of the name. The company in the United States Troy, Mich., announced that it agreed its manufacturing facilities are located in Frankfurt am Main, Germany设置. The company currently has approximately 27,500 employees in more than 110 manufacturing facilities in the world of work.

Although the company is to reduce the employment opportunities, they also announced that it would, as a low-cost locations would be affected by the company. "This is done to reduce the money, the company to the table of the staff wages. The auto parts manufacturer announced that it will establishAbout 800 work in Mexico and Eastern European countries. This strategy is the use of companies use the benefits of increasing globalization. States to provide benefits and low-wage companies use this situation to help them get financial feet. Earlier, the company announced that they have lost the second quarter of fiscal year 94 million U.S. dollars. This figure is from a profit of 45 million U.S. dollars, a far cry from theCompany has won the same period last year.

In addition to plant closings and layoffs, the company also announced that they have the United States to freeze employee pension company. The above measures will be a power in January of next year. The above steps may affect the United States about 3,800 people. Who wants an employee an additional welfare 30 June will be negatively affected in 2011, the company said the steps taken. AtThe company will freeze the pension plan, will increase their savings plan for their employees. This step is necessary in order to appease the workers, this pension plan, the company will soon submit a report on indefinitely dependent on the ice.

And the former can be expected to bail out the automotive industry will not only affect vehicle business, but in auto parts production, such as brake parts, other companiesTake the initiative to found a direct brake. And ArvinMeritor factory closures, and for American workers to freeze the pension plan, which would be a severe blow to the U.S. auto industry. However, unlike in charge of the restructuring plan, the company will enter the profitable areas, such as Ford, GM and Chrysler to return to want to do.