SMA Solar

Type
Internal restructuring
Country
Germany
Region
Nordrhein-Westfalen; Detmold; Lippe
Location of affected unit(s)
Niesetal
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26.1 - Manufacture of electronic components and boards
26.11 - Manufacture of electronic components
750 jobs
Number of planned job losses
Job loss
Announcement Date
18 October 2012
Employment effect (start)
18 October 2012
Foreseen end date

Description

As announced on October 18, 2012 German solar photovoltaic modules producer SMA Solar will cut 750 jobs in Germany. 350 regular positions will be cut, while the company will also make 400 temporary agency workers redundant. This is due to declining turnover.

Worldwide, 450 workers and an additional 600 temporary agency workers will be affected. SMA solar suffers from shrinking demand and cutbacks in public subsidies for solar energy.

The most affected site is Niesetal, Hesse. SMA Solar aims to avoid forced redundancies and announced talks with the works' council.

Sources

  • 18 October 2012: SMA Solar
  • 19 October 2012: Handelsblatt (online)

Citation

Eurofound (2012), SMA Solar, Internal restructuring in Germany, factsheet number 74372, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74372.