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 26.4 - Manufacture of consumer electronics
110 jobs Number of planned job losses
Announcement Date
27 January 2015
Employment effect (start)
27 January 2015
Foreseen end date
31 July 2015
Description
Metz will dismiss 110 out of 540 employees at its Zirndorf headquarters in 2015. Metz is a Mittelfrank TV manufacturer. The company filed for bankruptcy in November 2014. Metz has indicated that it intends to reduce personnel overcapacity. Dismissed employees will be able to transfer to a transition company. The transition company will support Metz employees with training measures up to the end of July 2015.
Sources
27 January 2015: Nordbayern.de Online
27 January 2015: Sat.1 Bayern Online
Citation
Eurofound (2015), Metz, Bankruptcy in Germany, factsheet number 78228, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78228.
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