Type
Internal restructuring
Country
Germany
Region
Mecklenburg-Vorpommern;
Location of affected unit(s)
Torgelow
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.51 - Casting of iron

160 jobs
Number of planned job losses
Job loss
Announcement Date
16 August 2011
Employment effect (start)
16 August 2011
Foreseen end date
30 September 2011

Description

On 16 August 2011, the iron foundry manufacturer Eisengießerei Torgelow announced to cut 160 jobs by the end of September 2011. Affected are temporary agency workers. Job cuts are necessary due to a decline in production. The company employs a total of 750 workers.


Sources

  • 16 August 2011: Ostsee-Zeitung

Citation

Eurofound (2011), Eisengießerei Torgelow, Internal restructuring in Germany, factsheet number 72572, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72572.