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

100 jobs
Number of planned job losses
Job loss
Announcement Date
4 June 2009
Employment effect (start)
4 June 2009
Foreseen end date

Description

The Austrian subsidiary of the Germany-based provider of integrated transport and logistics services, Schenker, is to cut 100 jobs in Austria and 200 in south-eastern European countries. The activities in the latter group of countries are managed from the Viennese regional headquarters. Even though overall turnover could be increased by 11% during 2008, the worldwide economic crisis has severely hit the company since November 2008, with losses of 30% in tonnages transported since then.


Sources

Citation

Eurofound (2009), Schenker, Internal restructuring in Austria, factsheet number 69053, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69053.