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.
Utilities Electricity, Gas, Steam And Air Conditioning Supply Electricity, Gas, Steam And Air Conditioning Supply 35.1 - Electric power generation, transmission and distribution
200 jobs Number of planned job losses
Announcement Date
4 April 2017
Employment effect (start)
4 April 2017
Foreseen end date
Description
On 4 April 2017, Swedish energy company Vattenfall announced to cut 200 jobs in its services department. Affected are 120 jobs in Berlin and a further 80 in Hamburg. The aim of this measure is to decrease costs by outsourcing these services. The company did not specify a timeline for the restructuring measure.
Vattenfall wants to implement these job cuts as socially acceptable as possible and will avoid compulsory redundancies. Instead Vattenfall announced to use partial retirement, not filling vacancies and severance payment.
The United Services Union already organised a demonstration. Vattenfall currently employs 4,100 in Berlin and about 7,000 staff across Germany.
Sources
4 April 2017: Vattenfall (press release)
6 April 2017: Berliner Zeitung (online)
Citation
Eurofound (2017), Vattenfall, Outsourcing in Germany, factsheet number 90735, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90735.
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