Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Wholesale / Retail
Retail trade
Retail sale of automotive fuel
47.3 - Retail sale of automotive fuel

500 jobs
Number of planned job losses
Job loss
Announcement Date
14 March 2006
Employment effect (start)
Foreseen end date

Description

The Deutsche BP, affiliate of BP, intends to cut about 500 jobs predominately in the marketing and sales departments. The job reduction will mostly affect the sites in Bochum (250) and Hamburg (100). The management and the works council already agreed on a social plan. With regard to personnel costs, the management expects to cut annual costs by EUR 50 million by the internal restructuring programme.


Sources

  • 15 March 2006: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2006), BP, Internal restructuring in Germany, factsheet number 63173, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63173.