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, Printing And Reproduction Of Recorded Media Printing And Reproduction Of Recorded Media 18.12 - Other printing
400 jobs Number of planned job losses
Announcement Date
10 April 2013
Employment effect (start)
10 April 2013
Foreseen end date
31 October 2014
Description
Giesecke & Devrient (G&D), a Germany-based multinational technology (banknote and security printing) provider, is to cut 400 jobs across Europe in attempt to cut costs. Around 125 positions will be eliminated at the company’s headquarters in Munich (please see G&D-DE2013 ) with the remainder being affected in the company’s chip card business across its European businesses. Giesecke & Devrient currently employs around 10,554 staff worldwide.
Eurofound (2013), Giesecke & Devrient, Internal restructuring in European Union, factsheet number 75230, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75230.
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