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.
Transportation / Storage 52 - Warehousing, storage and support activities for transportation 52.2 - Support activities for transportation 52.2 - Support activities for transportation
600 jobs Number of planned job losses
Announcement Date
4 July 2005
Employment effect (start)
1 January 2006
Foreseen end date
31 December 2008
Description
State-owned Deutsche Flugsicherung, the authority responsible for air safety, is planning to cut 600 jobs over the coming years, as it is preparing for privatisation and more competition in a european airspace. Deutsche Flugsicherung wants to enter foreign markets and therefore needs a competitive cost structure, said Deutsche Flugsicherung's chairman.
Sources
5 July 2005: Die Welt
Citation
Eurofound (2005), Deutsche Flugsicherung, Internal restructuring in Germany, factsheet number 61990, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61990.