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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
164 jobs Number of planned job losses
Announcement Date
12 February 2004
Employment effect (start)
Foreseen end date
Description
February 2004. Software AG is planning to suppress some 15 % of its workforce in the frame of its reorganisation in Germany. Software AG is employing some 1,140 people in Germany and 2,700 worldwide. Among other measures, the technical assistance will be relocated in India and the research and development department will have to focus more on the integration of different existing systems rather than on the creation of new systems. Negotiations taking place currently are concerning some 164 jobs.
Sources
12 February 2004: Financial Times Deutschland
12 April 2004: Financial Times Deutschland
Citation
Eurofound (2004), Software AG, Internal restructuring in Germany, factsheet number 58960, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/58960.
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