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 Food And Beverage Manufacture Of Food Products 10.1 - Processing and preserving of meat and production of meat products
400 jobs Number of planned job losses
Announcement Date
25 February 2016
Employment effect (start)
25 February 2016
Foreseen end date
Description
German meat processor Westfleisch announced to close down its site in Paderborn. Some 400 employees will be made redundant. The closure became necessary after the site burned down in February 2016. The company does not expect to reopen the site before 2019 and thus needs to reduce the head count in a socially acceptable manner including a job exchange programme helping affected employee to find new jobs. Financial incentives to leave the company are also offered. Management, works council and the union are currently negotiating a social plan.
Sources
25 February 2016: Der Westen (online)
8 March 2016: Westfleisch (press release)
Citation
Eurofound (2016), Westfleisch, Closure in Germany, factsheet number 86854, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86854.
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