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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.2 - Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers
850 jobs Number of planned job losses
Announcement Date
8 April 2009
Employment effect (start)
8 April 2009
Foreseen end date
31 December 2009
Description
On 8 April 2009, the trailer manufacturer Schmitz Cargobull announced to cut 500 out of 4,000 jobs in Germany. Moreover, the contracts of 350 temporary agency workers are not to be prolonged. The company indicated that it suffered from a lasting drop in orders. Schmitz Cargobull is currently negotiating with its works council to facilitate socially acceptable solutions for the affected workers, such as early retirement schemes, part-time work or compensation payments.
Sources
9 April 2009: Handelsblatt
Citation
Eurofound (2009), Schmitz Cargobull, Internal restructuring in Germany, factsheet number 68693, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68693.
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