Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

52 - 100 jobs
Number of planned job losses
Job loss
Announcement Date
11 February 2003
Employment effect (start)
1 February 2003
Foreseen end date
1 December 2003

Description

Already 4 % of the total amount of jobs were suppressed in 2002. In 2003, Activest plans to suppress 10 % more.


Sources

Citation

Eurofound (2003), Activest, Internal restructuring in Germany, factsheet number 59749, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59749.