Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Germany, other locations
Sector
Manufacturing
Manufacturing Of Machinery And Equipment
Manufacture Of Machinery And Equipment N.E.C.
28.29 - Manufacture Of Other General-Purpose Machinery N.E.C.

450 jobs
Number of planned job losses
Job loss
Announcement Date
30 January 2024
Employment effect (start)
30 January 2024
Foreseen end date

Description

German provider of weighing and slicing technologies for industry and trade Bizerba has announced that it will cut 450 jobs worldwide.

So far, the company has stated that the layoffs will affect two production facilities in Balingen and Meßkirch, Germany. For the country, no specific number of jobs to be cut is available as of now. The conditions of the programme are negotiated with employee representatives according to local regulations.

Bizerba is to change its global organisational structure and introduce a comprehensive business unit structure. The move is due to supply difficulties, the COVID-19 pandemic as well as a cyber-attack on the company in 2022.

Bizerba was founded in 1866. Currently, the company employs about 4,500 people worldwide. It has production facilities in Germany, Austria, Switzerland, Italy, Spain, Serbia, China and the USA.


Sources

Citation

Eurofound (2024), Bizerba, Internal restructuring in World, factsheet number 200887, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200887.