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.
Kiefel, a German machinery manufacturer specializing in thermoforming and joining technology, announced the layoff of roughly 100 positions at its headquarters in Freilassing.
Kiefel aims to streamline operations and enhance efficiency to sustain its position as a global leader amid competitive pressures. The company aims to invest in innovation and customer loyalty in relevant markets.
All affected employees are concentrated at the Freilassing facility. A fourth of all redundancies are supposed to be cut through natural attrition or he expiry of fixed-term contracts. Such measures are not planned for the remaining layoffs.
There are around 650 employees in Freilassing.
In 2024, Kiefel closed its subsidiary, Kiefel Packaging GmbH, in Austria, which resulted in the loss of 130 jobs: Kiefel 2024 - AT.
Eurofound (2024), Kiefel, Internal restructuring in Germany, factsheet number 301375, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/301375.
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