Type
Internal restructuring
Country
Germany
Region
Mecklenburg-Vorpommern; Greifswald; Kreisfreie Stadt
Location of affected unit(s)
Greifswald
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30 - Manufacture of other transport equipment

110 jobs
Number of planned job losses
Job loss
Announcement Date
28 October 2008
Employment effect (start)
Foreseen end date

Description

Hanseyacht, a German boat building company, has announced that it is to cut 110 out of 700 jobs at its shipyard in Greifswald. The reduction in personnel will largely affect temporary workers and those still in the trial period. The reason given by the company was a decline in demand for sailing boats and yachting boats. As of October 2008, there is no information on when the job losses will be implemented by.


Sources

  • 29 October 2008: Financial Times Deutschland

Citation

Eurofound (2008), Hanseyacht, Internal restructuring in Germany, factsheet number 67321, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67321.