Type
Internal restructuring
Country
Germany
Region
Hessen; Darmstadt; Frankfurt am Main
Location of affected unit(s)
Frankfurt
Sector
Other Services
Membership Organisations
Activities Of Membership Organisations
94.2 - Activities of trade unions

125 jobs
Number of planned job losses
Job loss
Announcement Date
22 November 2010
Employment effect (start)
22 November 2010
Foreseen end date
22 November 2014

Description

On 22 November 2010, the daily Die Welt reported that the union IG Metall, i.e. the German Metal Workers' Union, will cut 125 jobs at its headquarters in Frankfurt am Main. Job cuts are to be implemented by natural fluctuation, such as (partial) retirements. The union announced to restructure its organisation and the staff reduction is to take place within the next four years.


Sources

  • 22 November 2010: Die Welt

Citation

Eurofound (2010), IG Metall, Internal restructuring in Germany, factsheet number 71286, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71286.