Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Publishing Activities
58 - Publishing activities

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

Description

Publishing house Handelsblatt is to cut 150 jobs to cope with the economic and financial crisis, according to a Handelsblatt management announcement published by FTD. All units will be affected. There are speculations that the redundancies include 19 job losses of journalists at 'Handelsbaltt' and 'Wirtschaftswoche'. No date has been given for the implementation of the job losses.


Sources

  • 25 June 2009: Financial Times Deutschland

Citation

Eurofound (2009), Handelsblatt, Internal restructuring in Germany, factsheet number 69142, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69142.