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. 28.9 - Manufacture of other special-purpose machinery
65 jobs Number of planned job losses
Announcement Date
6 May 2014
Employment effect (start)
6 May 2014
Foreseen end date
30 September 2014
Description
German specialist of medical technology Admedes Schuessler is to dismiss 65 employees at its site in Pforzheim. Moreover, 30 fixed-term employees will have to leave the company. The job losses are due to the low demand for medical stents and will be implemented until 30 September.
As reported the management has announced that the set up social plan increases severance payments for employees. Moreover, they assured that the remaining 540 jobs are safe.
Sources
6 May 2014: Pforzheimer Zeitung
Citation
Eurofound (2014), Admedes Schuessler, Internal restructuring in Germany, factsheet number 77178, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77178.
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