Lanxess

Type
Internal restructuring
Country
France
Region
Grand Est; Alsace; Bas-Rhin
Location of affected unit(s)
La Wantzenau
Sector
Manufacturing
(20 - 21) Manufacture of chemicals and pharmaceuticals
20 - Manufacture of chemicals and chemical products
20 - Manufacture of chemicals and chemical products
103 jobs
Number of planned job losses
Job loss
Announcement Date
25 August 2005
Employment effect (start)
Foreseen end date

Description

French division of Lanxess announced on 24 August 2005 a redundancy programme in order to reduce its costs. This decision concerns the Lanxess's site of La Wantzenau (Bas-Rhin). The company will cut 103 jobs amongst the 402 workers of the site, which has lost €199 million since 1999.

Sources

  • 25 August 2005: Les Echos

Citation

Eurofound (2005), Lanxess, Internal restructuring in France, factsheet number 62356, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62356.