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 Electrical Equipment 27.1 - Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus
300 jobs Number of planned job losses
Announcement Date
28 June 2016
Employment effect (start)
28 June 2016
Foreseen end date
31 January 2017
Description
Schletter, German provider of solar mounting systems and traffic engineering, announced plans to cut 300 jobs by the beginning of 2017. According to the company, job cuts have become necessary due to net losses of double-digit millions. Therefore, the company will close its loss-making light metal construction branch. However, the photovoltaic support framework production site in Kirchdorf will continue to remain in place. Â Executive board and works council are currently negotiating the terms of restructuring. Schletter wants to streamline and optimise processes and reduce the real net output ratio.
Schletter, headquartered in Kirchdorf (Bavaria), currently employs 1,300 staff worldwide.
Sources
28 July 2016: pv magazine
1 July 2016: Solar Server
Citation
Eurofound (2016), Schletter, Internal restructuring in Germany, factsheet number 88023, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88023.
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