MAN Roland AG

Type
Internal restructuring
Country
Germany
Region
Hessen; Darmstadt; Offenbach am Main, Kreisfreie Stadt
Location of affected unit(s)
Offenbach
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
627 jobs
Number of planned job losses
Job loss
Announcement Date
4 December 2002
Employment effect (start)
1 December 2002
Foreseen end date

Description

In June 2002, the MAN Roland Group employed 10,610 persons. The total number of cost-effective employees (including third-party contractors, without trainees) was reduced by 218 people in the first half of 2002. Compared to 30 June 2001, the total number was reduced by 627 people. In March 2003, the company announced that further job cuts would be necessary.

Sources

  • 20 November 2002: Frankfurter Allgemeine Zeitung
  • 14 May 2003: Financial Times Deutschland
  • 4 December 2002: Frankfurter Allgemeine Zeitung
  • 3 December 2002: MAN Roland Press release

Citation

Eurofound (2002), MAN Roland AG, Internal restructuring in Germany, factsheet number 59270, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59270.