Schwing

Type
Internal restructuring
Country
Germany
Region
Nordrhein-Westfalen; Arnsberg; Herne, Kreisfreie Stadt
Location of affected unit(s)
Crange
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.1 - Manufacture of general-purpose machinery
28.13 - Manufacture of other pumps and compressors
100 jobs
Number of planned job losses
Job loss
Announcement Date
21 August 2014
Employment effect (start)
21 August 2014
Foreseen end date

Description

On 21 August 2014, German producer of cementation pumps Schwing announced to cut 100 jobs in Crange. As dismissals are ruled out until 2017 in the current labour agreement, this agreement will be changed in order to accommodate for the job reduction.

The company currently employs 609 people. Information concerning the end date of the restructuring is has yet to be made available. 

Sources

  • 19 August 2014: halloherne.de
  • 21 August 2014: derwesten.de

Citation

Eurofound (2014), Schwing, Internal restructuring in Germany, factsheet number 77496, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77496.