Type
Internal restructuring
Country
Germany
Region
Berlin;
Location of affected unit(s)
Sector
Public Administration And Defence
Public Administration And Defence; Compulsory Social Security
Public Administration And Defence; Compulsory Social Security
84 - Public administration and defence; compulsory social security

300 jobs
Number of planned job losses
Job loss
Announcement Date
11 May 2005
Employment effect (start)
1 July 2005
Foreseen end date
31 December 2005

Description

Berlin's city-owned street cleaning company BSR has announced that it would cut 300 jobs over the coming months in an effort to reduce its losses. BSR has produced losses of €1,8 million in 2004.


Sources

  • 11 May 2005: Tagesspiegel

Citation

Eurofound (2005), BSR, Internal restructuring in Germany, factsheet number 61616, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61616.