Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The leading brewery Anheuser-Busch InBev announced the cut of 10% of its staff, 800 out of 8,000 people, in Western Europe. Production, sales management and administration are to be streamlined.
In Germany, 386 out of 3,000 jobs will be cut in response to a decline in beer consumption, the company said. At the company's headquarter in Bremen and in the sales division, 262 jobs are to go. A trade union spokesperson said that InBev has been highly profitable in 2008/2009 and that there was no reason for the job cuts other than further increasing the profits.
In Belgium, InBev plans to cut 300 out of 2,700 jobs in Liege and Leuven. In response to the announcement, workers blocked all entrances of the Leuven plant.
InBev also announced the delocalisation of the Diekirch brewery, the traditional Luxembourgian beer, to Belgium and the closure of the only InBev plant in Luxemburg.
Eurofound (2010), AB InBev, Internal restructuring in European Union, factsheet number 70066, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70066.
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