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 Manufacturing Of Furniture And Other Manufacturing Manufacture Of Furniture 31.01 - Manufacture of office and shop furniture
100 jobs Number of planned job losses
Announcement Date
30 July 2013
Employment effect (start)
31 July 2013
Foreseen end date
Description
The Austrian manufacturer of office furniture Bene has announced 100 job cuts at its headquarters in Waidhofen an der Ybbs (lower Austria). This is part of a world-wide restructuring programme; altogether, 150 jobs are to be shed globally. The group, which has encountered financial trouble, has already taken a variety of measures, including restructuring itself (see Bene 2013).
Negotiations with banks are currently taking place. Turnover will be dramatically lower than last year. About half of the jobs to be shed are in the production (45) sector, the rest (55) is in the administration, back office and sales support sector.
Sources
30 July 2013: Der Standard
30 July 2013: Kurier
30 July 2013: Kleine Zeitung
Citation
Eurofound (2013), Bene, Internal restructuring in Austria, factsheet number 75722, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75722.
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