Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24 - Manufacture of basic metals

100 jobs
Number of planned job losses
Job loss
Announcement Date
8 April 2009
Employment effect (start)
8 April 2009
Foreseen end date
31 December 2009

Description

On 8 April 2009, the Austrian based manufacturer of refractories, RHI, announced to cut around 100 out of 1,100 jobs in Germany due to a a steep slump in demand. Job cuts are part of a global restructuring programme by which RHI seeks to save 80 million euros annually. The cuts are to affect production as well as administration departments.


Sources

  • 9 April 2009: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2009), RHI, Internal restructuring in Germany, factsheet number 68692, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68692.