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

58 - 140 jobs
Number of planned job losses
Job loss
Announcement Date
5 December 2008
Employment effect (start)
1 October 2008
Foreseen end date

Description

Rostcker SMG-Werft, which manufactures luxury yachts, is to lay off 58 employees in December. A further 82 jobs are threatened, bringing the total potential jobs losses to 140.


Sources

Citation

Eurofound (2008), SMG Werft, Internal restructuring in Germany, factsheet number 68125, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68125.