Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
As announced on 25 November 2020, the Netherlands-headquartered dairy company FrieslandCampina will be cutting 195 jobs at its plants in Heilbronn and Cologne due to internal restructuring until the end of 2021. In 2018, FrieslandCampina implemented its global transformation strategy ‘Our Purpose, Our Plan’. This strategy has now been accelerated, mainly due to the direct and indirect impacts of the COVID-19 crisis. FrieslandCampina's goal is to save costs by reducing its numbers of employees. Negotiations regarding a social plan have already started and the company intends to cut jobs in a socially acceptable manner. According to trade union information, 105 jobs will be cut in Heilbronn and 90 in Cologne.
FrieslandCampina has 1,200 employees in Germany.
The case is part of a European internal restructuring measure affecting also company's sites in Belgium and the Netherlands.
In 2019, FrieslandCampina closed down a plant in Gütersloh, which resulted in the loss of 220 jobs (FrieslandCampina, 2018).
Eurofound (2020), FrieslandCampina, Internal restructuring in Germany, factsheet number 102699, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102699.