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.
Germany (Bad Schwartau, Eisenach), France (Bordeaux, Valence)
Sector
Professional Services 74 - Other professional, scientific and technical activities 74 - Other professional, scientific and technical activities 74 - Other professional, scientific and technical activities
270 jobs Number of planned job losses
Announcement Date
9 January 2008
Employment effect (start)
1 April 2008
Foreseen end date
Description
Cewecolor, a supplier of photo services, has announced that it is to cut 270 jobs in Germany (Bad Schwalbach and Eisenach) and France (Bordeaux and Valence) with the closure of four film processing plants by April 2008. The reason given for this restructuring is a slowing demand for the processing of analogue films.
Sources
9 January 2008: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2008), Cewe Color, Closure in European Union, factsheet number 66189, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66189.