Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62.0 - Computer programming, consultancy and related activities

250 jobs
Number of planned job losses
Job loss
Announcement Date
18 April 2012
Employment effect (start)
Foreseen end date
31 December 2013

Description

Wincor Nixdorf, a leading provider of IT-solutions to retailers and retail banking, announced a global restructuring programme which will involve the cutting of about 250 posts in Germany and of a total of 500 jobs in Europe by the end of 2013. Most of the research and development jobs shall be delocated to Asia. 

Wincor currently employs a German staff of 4,000, a European staff of 6,500 and a global staff of 9,200. The company plans to streamline the organisational structure by merging national divisions to regional divisions, by merging administrative operations and by delocating operations to the emerging economies. 


Sources

  • 17 April 2012: Financial Times Deutschland

Citation

Eurofound (2012), Wincor Nixdorf, Internal restructuring in Germany, factsheet number 73469, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73469.