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 (32) Other manufacturing 32 - Other manufacturing 32 - Other manufacturing
253 jobs Number of planned job losses
Announcement Date
11 April 2005
Employment effect (start)
1 May 2005
Foreseen end date
31 December 2005
Description
Dental equipment producer KaVo will cut 253 jobs at three locations in Bavaria. Initially, the management had announced the loss of 700 jobs, but after negotiations with workers' representatives, that number was reduced. Direct dismissals shall be avoided, the losses shall be managed through early retirements and fluctuation.
Sources
9 July 2005: Frankfurter Allgemeine Zeitung
13 April 2005: zahn-online
Citation
Eurofound (2005), KaVo Dental, Internal restructuring in Germany, factsheet number 61998, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61998.