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 10.82 - Manufacture of cocoa, chocolate and sugar confectionery
100 - 150 jobs Number of planned job losses
Announcement Date
10 July 2017
Employment effect (start)
10 July 2017
Foreseen end date
Description
On 10 July 2017, the US-based Food Corporation Mars Chocolate announced it will cut between 100 and 150 jobs in Viersen, Germany within the following years.
The job cuts are a result of Mars Chocolate's decision to move its German headquarters to Unterhaching. Production will remain in Viersen.
According to the company, negotiations with the works council started already. The background to the decision is the takeover of Wrigley, which is already operating in Unterhaching. By the end of 2017, the two firms are to become one legal entity. The firm is currently working on a new organisational structure and stated to involve the works council closely.
Mars Chocolate employs about 550 staff members in Viersen.
Sources
11 July 2017: rp-online.de
10 July 2017: Westdeutsche Zeitung
Citation
Eurofound (2017), Mars Chocolate, Relocation in Germany, factsheet number 91638, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91638.
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