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 Manufacture Of Food And Beverage Manufacture Of Food Products 10.13 - Production of meat and poultry meat products
100 jobs Number of planned job losses
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73798.
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