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 Manufacturing Of Furniture And Other Manufacturing Manufacture Of Furniture 31.0 - Manufacture of furniture
250 jobs Number of planned job losses
Announcement Date
4 February 2019
Employment effect (start)
4 February 2019
Foreseen end date
Description
The German furniture manufacturer confirmed on 4 February 2019, the loss of 250 jobs due to internal restructuring. According to Rauch, cuts are necessary due to the increasing significance of online commerce which will result in the creation of new jobs in the foreseeable future. Mainly affected will be employees at Rauch’s sites Freudenberg and Bürgstadt. Both sites combine to 1,300 employees. Rauch regrets the job reduction but assured its employees that cuts will be made as socially acceptable as possible. An exact timeframe has yet to be announced.
Currently Rauch has 1,700 employees in Germany.
Sources
7 February 2019: Rhein-Neckar-Zeitung (online) (www.rnz.de)
Eurofound (2019), Rauch, Internal restructuring in Germany, factsheet number 97407, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97407.
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