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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.62 - Machining
150 jobs Number of planned job losses
Announcement Date
11 October 2013
Employment effect (start)
11 October 2013
Foreseen end date
Description
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.
Sources
17 October 2013: DerWesten (online)
11 October 2013: Rheinische Post (online)
Citation
Eurofound (2013), Metso Lindemann, Internal restructuring in Germany, factsheet number 76026, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76026.
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