Nölke

Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Manufacturing
(10 - 11) Manufacture of food and beverage
10.1 - Processing and preserving of meat and production of meat products
10.13 - Production of meat and poultry meat products
100 jobs
Number of planned job losses
Job loss
Announcement Date
21 June 2012
Employment effect (start)
21 June 2012
Foreseen end date
31 December 2012

Description

German sausage manufacturer Nölke will cut 100 jobs until the end of 2012. Nölke produces poultry sausage products under the name Gutfried.

The restructuring is reported to be due to increased costs. Higher commodity prices and low acceptance for price increases has led to losses in 2011.

The restructuring programme aims to cut the workforce by about 10 percent. Currently, Nölke employs 1,100 people. There will be no forced redundancies.

Sources

  • 21 June 2012: Nölke
  • 22 June 2012: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2012), Nölke, Internal restructuring in Germany, factsheet number 73798, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73798.