Type
Internal restructuring
Country
Germany
Region
Schleswig-Holstein; Rendsburg-Eckernf├Ârde;
Location of affected unit(s)
Rendsburg
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30.1 - Building of ships and boats

120 jobs
Number of planned job losses
Job loss
Announcement Date
9 September 2020
Employment effect (start)
9 September 2020
Foreseen end date
30 September 2020

Description

As announced on 9 September 2020 the German shipyard Nobiskrug Werft will be cutting 120 jobs at its plant in Rendsburg by the end of September 2020 due to internal restructuring. According to management, the restructuring was planned in 2018 to be implemented in 2021. However, due to the current COVID-19 crisis, the company moved the job reduction ahead of the previously planned date. As a result, Nobiskrug is laying off 120 employees by the end of this month. Terminated employees will have the opportunity to enter a transfer company.

After the job reduction, Nobiskrug will have 350 employees at Rendsburg.


Sources

Citation

Eurofound (2020), Nobiskrug Werft, Internal restructuring in Germany, factsheet number 101864, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101864.