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 Basic Metal And Fabricated Metal Products Manufacture Of Basic Metals 24 - Manufacture of basic metals
150 - 200 jobs Number of planned job losses
Announcement Date
10 March 2006
Employment effect (start)
Foreseen end date
Description
Thyssen-Krupp, one of the biggest industrial groups in Germany, announces that the administration departments of the holding headquarters and of the six divisions will spatially be concentrated at two locations (Essen and Duisburg). At present, the former is located in Duesseldorf whereas few of the divisionsÂ’ headquarters are located in Bochum. The relocation may entail a loss between 150 and 200 jobs. Dismissals are, however, expected to be avoided by natural employee turnover.
Sources
10 March 2006: Handelsblatt
Citation
Eurofound (2006), ThyssenKrupp, Relocation in Germany, factsheet number 63171, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63171.
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