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 Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20.4 - Manufacture of soap and detergents, cleaning and polishing preparations, perfumes and toilet preparations
New offshoring locations
Czechia, United States of America
200 jobs Number of planned job losses
Announcement Date
17 July 2019
Employment effect (start)
17 July 2019
Foreseen end date
17 July 2020
Description
The cosmetics manufacturer Schwan-Stabilo will be cutting 200 jobs within the next 12 months due to an internal restructuring plan. Employees in administration and production at the plants in Heroldsberg and Weißenburg will be the ones most affected by the cuts. According to management, cuts are necessary to respond to the increasing price pressure and to a changing market. Altenative, measures implemented in the past to counteract these trends have been unsuccessful.
In the new course of action, Schwan-Stabilo intends to strengthen its plants in the Czech Republic, to produce more cheaply, and the United States of America, to counter potential trade barriers.
Negotiations with the works’ council will commence soon.
Currently, Schwan-Stabilo has 1,300 employees in Germany.
Eurofound (2019), Schwan-Stabilo, Offshoring/Delocalisation in Germany, factsheet number 98213, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98213.
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