Type
Internal restructuring
Country
Germany
Region
Rheinland-Pfalz; Rheinhessen-Pfalz; Ludwigshafen am Rhein
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Chemicals And Chemical Products
20 - Manufacture of chemicals and chemical products

300 jobs
Number of planned job losses
Job loss
Announcement Date
2 November 2006
Employment effect (start)
Foreseen end date

Description

On 2 November 2006, the chemical company BASF, which employed in 2005 about 45,600 people in Germany, announced another cost-saving programme which will lead to the cut of about 2,000 of its current 94,000 jobs worldwide. According to a newspaper report "more than 300 jobs" will be cut in Germany.


Sources

  • 3 November 2006: Financial Times Deutschland

Citation

Eurofound (2006), BASF, Internal restructuring in Germany, factsheet number 64382, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64382.