Putzmeister

Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
560 jobs
Number of planned job losses
Job loss
Announcement Date
17 June 2009
Employment effect (start)
Foreseen end date

Description

Putzmeister, a producer of concerte pumps, has announced plans to cut 560 jobs in Germany. The company has a German workforce of 1,900. Management and works council are now negotiating a social plan.

Another 390 jobs will be cut globally. There is neither information on the countries affected nor on the timeline. Altogether, 950 out of 3,600 global jobs will be cut because of a sharp fall in orders.

Sources

  • 17 June 2009: Handelsblatt

Citation

Eurofound (2009), Putzmeister, Internal restructuring in Germany, factsheet number 69111, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69111.