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 Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
500 jobs Number of planned job losses
Announcement Date
13 August 2009
Employment effect (start)
Foreseen end date
Description
On 13 August 2009, the manufacturer of solar cells Q-Cells announced to cut 500 out of 2,200 jobs at its location in Thalheim as part of a wide-ranging restructuring plan. Due to low demand and drop in the price for solar components, four out of six production lines will be shut down. Around 2,000 Q-Cells employees are already working a shorter working week under the government-subsidised programme.
At the end of 2008, around 2,300 staff were employed at Q-Cells. The timeline for the implementation of the job losses has not yet been announced by the company.
Sources
14 August 2009: Handelsblatt
Citation
Eurofound (2009), Q-Cells, Internal restructuring in Germany, factsheet number 69395, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69395.
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