Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26 - Manufacture of computer, electronic and optical products

350 jobs
Number of planned job losses
Job loss
Announcement Date
11 May 2006
Employment effect (start)
Foreseen end date

Description

On 11 May 2006, Ericsson, one of the leading firms in the telecommunications sector, announced to cut 350 jobs at German locations in Backnang, Düsseldorf, Frankfurt and Offenbach. The announced reduction of jobs is still part of the internal restructuring programme following the takeover of the British telecommunication company Marconi in 2005.


Sources

  • 11 May 2006: Financial Times Deutschland
  • 11 May 2006: Handelsblatt

Citation

Eurofound (2006), Ericsson, Internal restructuring in Germany, factsheet number 63492, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63492.