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 Electrical Equipment 27.90 - Manufacture of other electrical equipment
350 jobs Number of planned job losses
Announcement Date
12 March 2014
Employment effect (start)
12 March 2014
Foreseen end date
Description
German engineering company Bosch will cut 350 jobs in its Solar Energy section in Arnstadt (Thuringia). This is due to an acquisition of this section by Solar World.
In total, Bosch employs 1,400 people in the section. 800 will change to Solar World, 250 will be offered other jobs at Bosch in Arnstadt. The company is currently in talks with worker representatives.
Eurofound (2014), Bosch Solar Energy, Merger/Acquisition in Germany, factsheet number 76713, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76713.
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