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
300 jobs Number of planned job losses
Announcement Date
15 November 2004
Employment effect (start)
Foreseen end date
31 December 2004
Description
The German company FJH, which manufactures computer software for the financial services industry, is planning to reduce costs, following a feel in its turnover for the first nine months of this year. In order to reduce costs, FJH is to cut 300 jobs and bring the total number of employees down to 750 by the end of the year.
Sources
16 November 2004: Frankfurter Allgemeine
16 November 2004: Financial Times Deutschland
15 November 2004: FJH - Press release
Citation
Eurofound (2004), FJH, Internal restructuring in Germany, factsheet number 60811, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60811.
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