Type
Internal restructuring
Country
Germany
Region
Hamburg;
Location of affected unit(s)
Sector
Health / Social Work
Human Health Services And Activities
Human Health Activities
86.1 - Hospital activities

1,000 jobs
Number of planned job losses
Job loss
Announcement Date
15 June 2005
Employment effect (start)
1 July 2005
Foreseen end date
30 June 2006

Description

The supervisory board of hospital company Asclepios has announced a cost cutting programme for its newly acquired Hamburg operations. In 7 privatised hospitals, 1,000 jobs will be cut in an effort to become more efficient. Trade unions have been fiercely critical of the decision, whereas Hamburg's minister for health matters has declared that there will be no direct dismissals.


Sources

  • 16 June 2005: Die Tageszeitung

Citation

Eurofound (2005), Asclepios, Internal restructuring in Germany, factsheet number 61763, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61763.