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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Textiles 13 - Manufacture of textiles
100 jobs Number of planned job losses
Announcement Date
13 September 2018
Employment effect (start)
1 January 2019
Foreseen end date
31 December 2019
Description
German textile manufacturer Ahlers has announced plans to cut 100 jobs in Germany. The company aims at improving mid-term results by reducing complexity and focussing on master brands. The bundle of restructuring measures will start on 1 January 2019 and entail the cutting of 130 jobs out of a total of 2,150 worldwide. The job cuts will predominately affect the two German locations Düsseldorf and Herford, both located in North-Rhine Westfalia, which currently employ 619 workers. Management intends to negotiate a social plan with the works council.
Sources
Citation
Eurofound (2018), Ahlers, Internal restructuring in Germany, factsheet number 95946, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95946.
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