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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Postal And Courier Activities 53 - Postal and courier activities
490 jobs Number of planned job losses
Announcement Date
23 November 2011
Employment effect (start)
Foreseen end date
31 December 2011
Description
Deutsche Post subsidiary First Mail, a regional budget mailing company, will be closed down and 490 fixed-term employments will be lost. The remaining 910 trainees and 180 permanent employees will be reemployed by the mother company Deutsche Post.
The closure of First Mail results from a court judgment concerning the dumping of prices against First Mail. Since the Supreme Administrative Court of the North Rhine-Westphalia region ruled that First Mail had to raise prices, the decision was made to close down the entire operation.
The company employs 1,600 people.
Sources
23 November 2011: Handelsblatt
Citation
Eurofound (2011), First Mail, Closure in Germany, factsheet number 72777, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72777.
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