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.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.51 - Manufacture Of Electric Domestic Appliances
2,700 jobs Number of planned job losses
700 jobs Number of planned job creations
Announcement Date
5 February 2024
Employment effect (start)
5 February 2024
Foreseen end date
Description
German home appliance manufacturer Miele has announced that it plans to cut about 2,000 jobs worldwide and transfer 700 from Germany to Poland. The background of the job cuts is a global efficiency programme called the ‘Miele Performance Programme’.
The sources also report that Miele has signed a new collective agreement with the local trade unions. The restructuring programme is due to a decline in demand after the COVID-19 pandemic. Miele has been operating since 1899. Currently, the company has 15 production sites and employs 22,700 people worldwide.
Sources
5 February 2024: Frankfurter Allgemeine (www.faz.net)
Eurofound (2024), Miele, Internal restructuring in World, factsheet number 201306, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201306.
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