Restructuring events
European Restructuring Monitor (ERM)
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.
Coca-Cola Europacific Partners Deutschland (CCEP DE) is a German subsidiary of beverage company Coca-Cola, announced 410 job cuts in Hamm, North-Rhin Westfalia and Urbach, Baden-Wuerttemberg.
The job loss is caused by the closure of the location in Hamm and will be implemented until December 31th 2022 and the closure of the workshop section in Urbach that will be implemented until February 28th 2023. The decline of the repair business led to the desicion to outsource the companies vending machine business to specialized partners.
CCEP DE announced to prevent direct dismissals by offering alternative jobs at other locations and/or consensual solutions.
The union of Nahrung-Genuss-Gastätten (NGG) announced negotiations for alternatives and socially acceptable solutions.
CCEP DE is Germany's biggest beverage company with a sales volume of more then 3,5 billion liters with around 6500 employees in Germany.
Eurofound (2022), Coca-Cola Europacific Partners Deutschland, Closure in Germany, factsheet number 106610, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106610.
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