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 (13 - 15) Manufacture of textiles, apparel and leather 13 - 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.
Citation
Eurofound (2018), Ahlers, Internal restructuring in Germany, factsheet number 95946, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/95946.