Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Leverkusen
Sector
Manufacturing
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Chemicals And Chemical Products
20.59 - Manufacture of other chemical products n.e.c.

800 jobs
Number of planned job losses
Job loss
Announcement Date
9 May 2003
Employment effect (start)
Foreseen end date

Description

In the frame of its costs cutting programme, Agfa will suppress some 200 jobs in Leverkusen. Agfa explains this measure by the weakening demand for films and film products. Agfa had a workforce of 19,341 employees worldwide (full time equivalent permanent employees on December 31, 2002) and about 5,100 in Germany (December 21, 2001).

In August 2003, some 600 jobs more will be suppressed in Germany above the 200 already announced.


Sources

  • 21 August 2003: Financial Times Deutschland
  • 9 May 2003: Financial Times Deutschland
  • : (www.agfa.com)

Citation

Eurofound (2003), Agfa-Gevaert, Internal restructuring in Germany, factsheet number 59840, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59840.