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 Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22 - Manufacture of rubber and plastic products
180 jobs Number of planned job losses
Announcement Date
18 September 2013
Employment effect (start)
19 September 2013
Foreseen end date
30 September 2017
Description
As announced on 18 September 2013, German chemical company Bayer will cut 180 jobs in Germany in its Material Science section. This is due to weak turnover induced by market overcapacities.
Additionally, Bayer Material Science suffers from high commodity and energy costs. In total, Bayer Materia lScience employs 5,200 people in Germany, most of them in Leverkusen (North Rhine-Westphalia). Worldwide, the company aims to cut 700 out of 14,500 jobs in the section.
Work agreements rule out forced redundancies until the end of 2015. The job cuts shall be realised within four years. The company is negotiating with worker representatives concerning the exact organisation of the job cuts.
Eurofound (2013), Bayer Material Science, Internal restructuring in Germany, factsheet number 75948, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75948.
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