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 (18) Printing and reproduction of recorded media 18.1 - Printing and service activities related to printing 18.11 - Printing of newspapers
270 - 470 jobs Number of planned job losses
Announcement Date
25 August 2005
Employment effect (start)
1 October 2005
Foreseen end date
30 June 2006
Description
The print shop of Bauer Verlagsgruppe will shed about half of its workforce of 950 employees. Until the middle of 2006, 470 workers will loose their jobs. The publishing house had rejected a mediated agreement foreseeing the loss of 270 jobs.
Eurofound (2005), Bauer, Internal restructuring in Germany, factsheet number 62319, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62319.