Alstom

Type
Internal restructuring
Country
Germany
Region
Baden-Württemberg; Karlsruhe; Mannheim, Stadtkreis
Location of affected unit(s)
Mannheim
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
700 jobs
Number of planned job losses
Job loss
Announcement Date
30 April 2003
Employment effect (start)
1 May 2003
Foreseen end date

Description

On 26 April 2003, Alstom announced the suppression of 700 jobs in Mannheim (on average one third of the workforce in Mannheim). This measure is due to the crisis in the sector of gas turbines and thermal power stations, and part of Alstom's European restructuring programme.

Sources

Citation

Eurofound (2003), Alstom, Internal restructuring in Germany, factsheet number 59605, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59605.