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 (20 - 21) Manufacture of chemicals and pharmaceuticals 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
100 jobs Number of planned job losses
Announcement Date
22 December 2006
Employment effect (start)
Foreseen end date
31 December 2010
Description
Merck, manufacturer of chemical and pharmaceutical products, intends to reduce its sales and distribution staff in Darmstadt by 100 employees by the end of 2010. The reduction is said to adapt the firm to the consequences that result from the reform in the health sector.
Sources
22 December 2006: FTD
22 December 2006: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2006), Merck, Internal restructuring in Germany, factsheet number 64674, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64674.