Heidelberger Druckmaschinen AG

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Heidelberg, other locations
Sector
Manufacturing
(18) Printing and reproduction of recorded media
18 - Printing and reproduction of recorded media
18 - Printing and reproduction of recorded media
2,200 jobs
Number of planned job losses
Job loss
Announcement Date
23 October 2002
Employment effect (start)
1 October 2002
Foreseen end date
1 December 2002

Description

Restructuration, 24500 jobs worldwide, a thousand of them suppressed and until the end of 2002, 400 more. The definitive version of the restructuration plan (23/10/2002) implies 2200 job losses, included those already announced.

Sources

  • 3 July 2002: Frankfurter Allgemeine Zeitung
  • 23 October 2002: Heidelberger - Press release (www.heidelberg.com)

Citation

Eurofound (2002), Heidelberger Druckmaschinen AG, Internal restructuring in World, factsheet number 60094, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60094.