Type
Internal restructuring
Country
Luxembourg
Region
Location of affected unit(s)
Luxembourg
Sector
Transportation / Storage
Warehousing And Support Activities For Transportation, Postal And Courier Activities
Warehousing And Support Activities For Transportation
52 - Warehousing and support activities for transportation

50 jobs
Number of planned job losses
Job loss
Announcement Date
23 April 2009
Employment effect (start)
23 April 2009
Foreseen end date
23 October 2009

Description

The Panalpina Luxembourg firm, branch of the Swiss group Panalpina, specialised in logistics and operating at the Luxembourg airport Findel, has announced that it is to cut 50 jobs (out of 300) over the coming six months. As of 23th April 2009, the volume of work has fallen down by about 40% mainly due to the loss of a important client who has moved to another country. The trade union representative of OGB-L has negotiated a social plan with the managemement that garantees an allowance for the affected workers.


Sources

  • 25 April 2009: La Voix du Luxembourg
  • 23 April 2009: OGBL - press release

Citation

Eurofound (2009), Panalpina Luxembourg, Internal restructuring in Luxembourg, factsheet number 68818, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68818.