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 Wood And Paper Materials Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
150 - 180 jobs Number of planned job losses
Announcement Date
13 September 2006
Employment effect (start)
2 October 2006
Foreseen end date
29 June 2007
Description
The German manufacturer of pieces of furniture, Werner Welle Group, announced on 13 September 2006 that its factory in Boulay (Moselle), employing 390 people, will cut between 150 and 180 jobs between October 2006 and June 2007. The sales turnover of the factory fell by 15% in the last two years. There is concern among employees because they fear that the factory will close for good.
Sources
13 September 2006: Agence France Presse
15 September 2006: Les Echos
Citation
Eurofound (2006), Welle, Internal restructuring in France, factsheet number 64067, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64067.
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