Gategroup

Type
Internal restructuring
Country
European Union
Region
Location of affected unit(s)
Sector
Hotel / Restaurants
Accommodation And Food Service Activities
Food And Beverage Service Activities
56.29 - Other food service activities
1,200 jobs
Number of planned job losses
Job loss
Announcement Date
14 March 2013
Employment effect (start)
14 March 2013
Foreseen end date
31 December 2013

Description

On 14 March 2103, airline catering provider Gategroup announced plans to cut 1,200 jobs across its European operations. According to the company, these measures have become necessary due to a decline in demand in Europe. The Swiss-based company, which currently employs around 26,600 staff, has already reduced its workforce by 240 positions in 2012.

The announced job cuts will be implemented by the end of 2013 but till now no further information has been available on the location(s) of affected units. 

Sources

  • 14 March 2013: Suedostschweiz
  • 14 March 2013: Press Release (Gategroup)

Citation

Eurofound (2013), Gategroup, Internal restructuring in European Union, factsheet number 75078, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75078.