Type
Internal restructuring
Country
Germany
Region
Hamburg;
Location of affected unit(s)
Hamburg
Sector
Manufacturing
Manufacture Of Tobacco Products
Manufacture Of Tobacco Products
12 - Manufacture of tobacco products

125 jobs
Number of planned job losses
Job loss
Announcement Date
26 April 2004
Employment effect (start)
Foreseen end date
31 December 2005

Description

The German arm of British-American Tobacco Industries (BAT) is planning to cut 125 jobs in Germany by the end of 2005. The company employs around 2,000 staff in Germany. The reason for the company's decision is said to be the decline of the market for cigarettes produced in factories. Over 50 job cuts are expected at the German arm's head office in Hamburg, which currently employs about 500 staff.


Sources

  • 26 April 2004: Handelsblatt

Citation

Eurofound (2004), British-American Tobacco Industries, Internal restructuring in Germany, factsheet number 60411, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60411.