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 Tobacco Products Manufacture Of Tobacco Products 12 - Manufacture of tobacco products
800 jobs Number of planned job losses
Announcement Date
6 June 2006
Employment effect (start)
Foreseen end date
31 December 2007
Description
On 6 June 2006, British American Tobacco, one of the worldwide leading manufacturers of tobacco products, announced its job reduction strategy for Germany. 250 jobs shall be cut at its plant in Bayreuth and another 550 jobs shall be reduced at the administration departments in Bremen and Hamburg till the end of 2007. In total, the group employs 1,801 people in Germany. Against the background of five tobacco tax increases in Germany since 2002, the company decided to cut jobs. Tobacco tax increases led to an ongoing decline in sales of British American Tobacco products.
Sources
6 June 2006: Handelsblatt
Citation
Eurofound (2006), British American Tobacco, Internal restructuring in Germany, factsheet number 63613, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63613.
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