Open Grid

Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Electricity
35 - Electricity, gas, steam and air conditioning supply
35.2 - Manufacture of gas, and distribution of gaseous fuels through mains
35.22 - Distribution of gaseous fuels through mains
200 - 300 jobs
Number of planned job losses
Job loss
Announcement Date
23 November 2012
Employment effect (start)
23 November 2012
Foreseen end date

Description

As announced on November 23, 2012, German gas grid operator Open Grid will cut between 200 and 300 jobs. This is due to cost savings.

In total, the company employs 1,800 people. Forced redundancies are ruled out until 2016.

Sources

  • 23 November 2012: Handelsblatt

Citation

Eurofound (2012), Open Grid, Internal restructuring in Germany, factsheet number 74641, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74641.