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 (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
500 jobs Number of planned job losses
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://apps.eurofound.europa.eu/restructuring-events/detail/71756.