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 (16 - 17) Manufacture of wood and paper materials 17 - Manufacture of paper and paper products 17 - Manufacture of paper and paper products
50 jobs Number of planned job losses
Announcement Date
4 September 2013
Employment effect (start)
4 September 2013
Foreseen end date
31 December 2014
Description
As announced on September 4, Finnish-Swedish pulp and paper manufacturer Stora Enso will cut 50 jobs in Karlsruhe (Baden-Württemberg) by 2015.
This is in line with Stora Enso’s plans to axe 2,500 jobs worldwide (see Stora Enso 2013). In 2010, the company had already discontinued parts of its production in Karlsruhe, resulting in 170 job cuts at the end of 2012.
Sources
4 September 2013: Econo (online)
Citation
Eurofound (2013), Stora Enso, Internal restructuring in Germany, factsheet number 75880, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75880.