Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Transportation / Storage
Warehousing And Support Activities For Transportation, Postal And Courier Activities
Warehousing And Support Activities For Transportation
52.2 - Support activities for transportation

600 jobs
Number of planned job losses
Job loss
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61990.