Type
Relocation
Country
Germany
Region
Location of affected unit(s)
Sector
Real Estate
Real Estate Activities
Real Estate Activities
68 - Real estate activities

80 jobs
Number of planned job losses
Job loss
Announcement Date
30 April 2009
Employment effect (start)
Foreseen end date

Description

On 30 April 2009, the real estate adviser DTZ announced to cut 80 out of 400 jobs in Germany. Background to the job cuts represents the global economic and financial crisis on the real estate market. DTZ anticipates a difficult market environment in 2009.


Sources

  • 30 April 2009: Handelsblatt

Citation

Eurofound (2009), DTZ, Relocation in Germany, factsheet number 68834, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68834.