The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20.4 - Manufacture of soap and detergents, cleaning and polishing preparations, perfumes and toilet preparations
100 jobs Number of planned job losses
Announcement Date
13 December 2004
Employment effect (start)
Foreseen end date
Description
German management of the American group Colgate has made propositions to shed some 100 jobs in Germany, of which 50 in Hamburg and 50 in the all country. Most of the employees could work for subcontractors but for a lower salary. Colgate-Palmolive had announced recently its intention to reduce its worldwide workforce (37,000) by 12 percent in order to face the competition.
Sources
13 December 2004: Financial Times Deutschland
Citation
Eurofound (2004), Colgate, Internal restructuring in Germany, factsheet number 60951, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60951.
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