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 (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
191 jobs Number of planned job losses
Announcement Date
23 December 2005
Employment effect (start)
1 January 2006
Foreseen end date
30 June 2006
Description
Kuka, producer of industrial robots belonging to IWKA, will shed 15 % of its workforce after sales have fallen significantly. Three locations in South Germany (Baden-Würtemberg and Bavaria) will be given up entirely. The affected employees will be taken over by a job creation company.
Sources
23 December 2006: Passauer Neue Presse (www.pnp.de)
Citation
Eurofound (2005), Kuka, Closure in Germany, factsheet number 62692, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62692.