Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Food Products
10.82 - Manufacture of cocoa, chocolate and sugar confectionery

230 jobs
Number of planned job losses
Job loss
Announcement Date
30 July 2004
Employment effect (start)
30 July 2004
Foreseen end date
31 December 2005

Description

Nestlé Germany is planning to restructure its administration setup. The latest project, named ‘FitNes’, will cause 230 jobs to be cut, 160 of them at company headquarters in Frankfurt and 70 in its factories. Several of the new measures have already been implemented. The ‘FitNes’ project is expected to be concluded by the end of 2005.


Sources

  • 30 July 2004: Hamburger Abendblatt

Citation

Eurofound (2004), Nestlé, Internal restructuring in Germany, factsheet number 60577, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60577.