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 Tobacco Products Manufacture Of Tobacco Products 12.0 - Manufacture of tobacco products
159 jobs Number of planned job losses
Announcement Date
18 June 2018
Employment effect (start)
18 June 2018
Foreseen end date
18 June 2020
Description
The Germany-based tobacco manufacturer Reemtsma announced it will 159 jobs in Langenhagen within the next two years. According to Reemtsma, cuts are inevitable, as the new EU-regulation ‘Track and Trace’, will significantly increase the workload and costs to produce for non-EU-markets. Management and works council have started negotiations regarding a social plan. The Trade Union of Dood, Beverages, Tobacco, Hotel and Catering and Allied Workers (NGG) blames EU and German policy for the job reduction.
As of July 2018, Reemtsma has 880 employees in Langenhagen.
Sources
8 July 2018: Schaumburger Nachrichten (online) (www.sn-online.de)
18 June 2018: Hannoversche Allgemeine (online) (www.haz.de)
Citation
Eurofound (2018), Reemtsma, Internal restructuring in Germany, factsheet number 94672, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94672.
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