Type
Internal restructuring
Country
European Union
Region
Location of affected unit(s)
Germany
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62 - Computer programming, consultancy and related activities

300 jobs
Number of planned job losses
Job loss
Announcement Date
25 April 2003
Employment effect (start)
1 April 2003
Foreseen end date
1 December 2003

Description

Restructuring focuses on three key areas: changes to organisational structures, alignment of research and development activities, scaling-down of marketing and support functions. In Germany, restructuring will lead to a reduction in personnel capacity equivalent to approximately 240 full time staff positions. This measure is currently subject to consultations with employee representatives (works council). Outside Germany, there will be a reduction of some 60 full-time personnel.

February 2004. Among other measures, the technical assistance in Germany will be relocated in India. Negotiations taking place currently are concerning some 164 jobs.


Sources

  • 25 April 2003: Financial Times Deutschland
  • 24 April 2003: Software AG - Press release (www.softwareag.com)
  • 12 February 2004: Financial Times Deutschland

Citation

Eurofound (2003), Software AG, Internal restructuring in European Union, factsheet number 59367, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59367.