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 Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
350 jobs Number of planned job losses
Announcement Date
30 October 2013
Employment effect (start)
1 January 2014
Foreseen end date
Description
Engineering company Schuler is to cut 350 jobs in Germany. The restructuring is to start in 2014 and is to affect, amongst others, the company’s sites at Goppingen (100 staff, closure), Weingarten, Waghausel and Erfurt.
The measure is due to an adjustment of production capacities and the company’s strategy to simplify its corporate structure.
Management said it aims to avoid forced redundancies. Talks with worker representatives have been announced.
Schuler is a subsidiary of Austrian-based Andritz group. The company is headquartered in Goppingen, Germany, employing about 5,400 staff worldwide, of which 4,300 in Germany. In 2016, a new engineering and technology center with about 750 new jobs is to be opened in Goppingen.
Sources
31 October 2013: Frankfurter Allgemeine Zeitung
30 October 2013: Schuler (press release)
Citation
Eurofound (2013), Schuler, Internal restructuring in Germany, factsheet number 76131, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76131.
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