Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Construction
Specialised Construction Activities
Specialised Construction Activities
43 - Specialised construction activities

150 jobs
Number of planned job losses
Job loss
Announcement Date
15 July 2004
Employment effect (start)
Foreseen end date

Description

Weru, the German manufacturer of doors and windows, intends to cut labour costs by € 13 million and is planning to introduce the 40-hour week without pay rise. Furthermore, the company intends to discontinue its holiday and Christmas bonuses and to cut 150 of the 1,050 jobs at its headquarters in Rudersberg. The company's works council has criticised management's cost cutting measures and has announced that it will protest against the planned cuts.


Sources

  • 15 July 2004: Stuttgarter Zeitung

Citation

Eurofound (2004), Weru AG, Internal restructuring in Germany, factsheet number 60589, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60589.