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.
Manufacturing Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23.51 - Manufacture of cement
220 jobs Number of planned job losses
Announcement Date
20 September 2005
Employment effect (start)
1 October 2005
Foreseen end date
31 March 2006
Description
HeidelCement, one of the leading producers of cement with 42,000 employees world-wide, will cut employment in its home market Germany by 220. The measures are part of a world-wide restructuring that will cost 1,100 jobs in Europe. Job losses will be limited to the company's administration though. The company did not want to exclude the possibility of direct dismissals. Talks with the workers' council are to begin soon.
Sources
21 September 2005: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2005), HeidelCement, Internal restructuring in Germany, factsheet number 62266, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62266.
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