Type
Internal restructuring
Country
Austria
Region
Location of affected unit(s)
Sector
Agriculture
Agriculture, Forestry And Fishing
Forestry And Logging
02 - Forestry and logging

400 jobs
Number of planned job losses
Job loss
Announcement Date
23 April 2003
Employment effect (start)
Foreseen end date

Description

The enterprise, specialised in forestry, is doing well but the management wants to spare some 9 million euros a year on personal costs, reducing the number of employees by 400 units.


Sources

  • 23 April 2003: Der Standard

Citation

Eurofound (2003), Österreichischen Bundesforste, Internal restructuring in Austria, factsheet number 59807, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59807.