Type
Internal restructuring
Country
Germany
Region
Nordrhein-Westfalen; Köln; Köln
Location of affected unit(s)
Cologne
Sector
Manufacturing
Manufacture, Printing And Reproduction Of Recorded Media
Printing And Reproduction Of Recorded Media
18.11 - Printing of newspapers

270 - 470 jobs
Number of planned job losses
Job loss
Announcement Date
25 August 2005
Employment effect (start)
1 October 2005
Foreseen end date
30 June 2006

Description

The print shop of Bauer Verlagsgruppe will shed about half of its workforce of 950 employees. Until the middle of 2006, 470 workers will loose their jobs. The publishing house had rejected a mediated agreement foreseeing the loss of 270 jobs.


Sources

  • 26 August 2005: Kölner Stadtanzeiger
  • : (www.ksta.de)

Citation

Eurofound (2005), Bauer, Internal restructuring in Germany, factsheet number 62319, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62319.