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.
As announced on 14 February 2024, the Japanese crane manufacturer Tadano will be cutting 400 jobs in Zweibrücken until summer 2025 due to internal restructuring.
Affected are the Wallerscheid plant, which will be closed and the plant in Dinglerstraße which will face a reduction in employees. Furthermore, parts of production are to be relocated to other locations, which are currently unknown.
The restructuring comes as a surprise for the company’s employees, and it is currently unclear how Tadano intends to cut 400 jobs. Tadano considers the restructuring to be inevitable due to the increasing competitive pressure on the world market as well as problems with the supply chain. IG Metall will start negotiations with management shortly.
Tadano currently has 1,200 employees in Zweibrücken.
Updated 05/09/2024 As announced on 05 September 2024, management offered IG Metall to reduce the job cuts from 400 to 300 positions. However, this is not considered enough by IG Metall, leading to an indefinite strike involving around 1,000 employees. An agreement is not yet in sight.
Update 30/09/2024 Management and employee representatives have reached a collective agreement. Forced redundancies for union members are excluded until the end of 2028. The continued operation of the Zweibrücken site for production, sales, and development is guaranteed until the end of 2028. The closure of the Wallerscheid site has been postponed until June 2025. The reduction of approximately 249 jobs will be cushioned by severance packages.
Eurofound (2024), Tadano, Offshoring/Delocalisation in Germany, factsheet number 200823, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200823.
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