Restructuring events
European Restructuring Monitor (ERM)
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.
The recycling machinery producer Metso Lindemann is to cut 150 jobs in Dusseldorf (North Rhine-Westphalia).
The company is to discontinue its production of scrap recycling machines in the wake of falling demand for metal on the market. The remainder of the total 300 staff is to be relocated to another site in Dusseldorf.
Worker representatives have expressed their dissatisfaction with the company’s management. Unions are in consultations with Metso to ease the social impact of the dismissals.
Metso Lindemann is part of the Finland-based engineering group Metso. Metso Group employs around 27,000 staff in 150 countries.
Eurofound (2013), Metso Lindemann, Internal restructuring in Germany, factsheet number 76026, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76026.