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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.29 - Manufacture of other plastic products
58 jobs Number of planned job losses
Announcement Date
4 April 2014
Employment effect (start)
4 April 2014
Foreseen end date
Description
Linoleum manufacturer Armstrong DLW is to cut 58 out of 430 jobs at its production site in Delmenhorst. According to the sources the restructuring is due to overcapacity. Works’ council and management have reached an agreement that the job reduction measures will be carried out via voluntary redundancies with the support of a transfer agency to help affected employees in their job search. Additionally, the agreement envisages that no job cuts will be made until September 2015 for the remaining staff. The timeframe for the restructuring is not yet available.
Sources
4 April 2014: Weser Kurier
Citation
Eurofound (2014), Armstrong DLW, Internal restructuring in Germany, factsheet number 76886, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76886.
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