Metabo

Type
Internal restructuring
Country
Germany
Region
Baden-Württemberg; Stuttgart; Esslingen
Location of affected unit(s)
Nürtingen
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
120 jobs
Number of planned job losses
Job loss
Announcement Date
1 September 2005
Employment effect (start)
1 October 2005
Foreseen end date
31 December 2005

Description

Metabo, a producer of power tools, has announced the cutting of 120 jobs at its plant in Nürtingen (Baden-Würtemberg). The remaining staff will have to work longer (40 hours per week) for the same pay. In return, Metabo guarantees employment until the end of 2009 after restructuring.

Sources

Citation

Eurofound (2005), Metabo, Internal restructuring in Germany, factsheet number 62333, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62333.