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 Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20 - Manufacture of chemicals and chemical products
200 jobs Number of planned job losses
Announcement Date
12 February 2009
Employment effect (start)
Foreseen end date
31 December 2009
Description
Clariant, a Swiss producer of chemicals, has announced that it is to cut 200 jobs across Germany in 2009. The job losses are part of a large restructuring programme involving 1,000 job cuts in other European countries. These cost-cutting measures are attributed to the company's financial difficulties. The company, which employs a workforce of 20,100 (as of December 2008) embarked on a cost-saving programme in 2006 whicht at that time involved 2,200 job cuts.
Eurofound (2009), Clariant, Internal restructuring in Germany, factsheet number 68209, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68209.
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