Internal restructuring
Location of affected unit(s)
Transportation / Storage
Land, Water And Air Transportation
Land Transport And Transport Via Pipelines
49 - Land transport and transport via pipelines

500 jobs
Number of planned job losses
Job loss
Announcement Date
6 February 2008
Employment effect (start)
Foreseen end date


Fiege, the Germany based international logistics group, announced on 6 February 2008, that it is to cut 500 jobs by closing the road transport network in Germany acquired in 2006 from the former Hamburg based TTS group. About half of employees who will be redundant are lorry drivers. The company already agreed with the group works council on a social plan. The reason given by the company was that the road transport business had not proved to be profitable enough. The company stated that it aimed at carrying out the restructuring programme in a 'socially acceptable manner'. As of February 2008, there is no information on the number employed and when the job losses will be implemented.


  • 6 February 2008: Handelsblatt


Eurofound (2008), Fiege, Internal restructuring in Germany, factsheet number 66282, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66282.