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 Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.11 - Manufacture of electronic components
150 jobs Number of planned job losses
Announcement Date
19 November 2013
Employment effect (start)
19 November 2013
Foreseen end date
Description
Electronics company ABB is to cut 150 jobs at its German Power Systems section. This is mainly to affect engineering positions in Mannheim (Baden-Württemberg), Minden (North Rhine-Westphalia) and Dresden (Saxony).
The measure is due to a decreasing demand in the energy sector.
The company is in talks with worker representatives and aims to avoid forced redundancies by internal relocations.
ABB group is based in Zurich, Switzerland, employing about 10,000 staff in Germany.
Sources
19 November 2013: Heilbronner Stimme
19 November 2013: Mannheimer Morgen
Citation
Eurofound (2013), ABB, Internal restructuring in Germany, factsheet number 76226, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76226.
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