Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Offenbach, Augsburg
Sector
Manufacturing
Manufacturing Of Machinery And Equipment
Manufacture Of Machinery And Equipment N.E.C.
28 - Manufacture of machinery and equipment n.e.c.

500 jobs
Number of planned job losses
Job loss
Announcement Date
17 March 2011
Employment effect (start)
17 March 2011
Foreseen end date
31 December 2012

Description

On 17 March 2011, the printing machine manufacturer Manroland announced its plans to cut 300 jobs at its location in Offenbach and 200 jobs in Augsburg. The company also reported that it wanted to lower its total headcount from 7,023 to fewer than 6,000 by the end of 2012. In 2010, the firm's turnover decreased by 1.11 billion euros.


Sources

  • 18 March 2011: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2011), Manroland, Internal restructuring in Germany, factsheet number 71756, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71756.