Internal restructuring
Location of affected unit(s)
Hamburg, Frankfurt
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Publishing Activities
58.13 - Publishing of newspapers

314 - 320 jobs
Number of planned job losses
Job loss
Announcement Date
22 November 2012
Employment effect (start)
7 December 2012
Foreseen end date
31 January 2013


As announced on November 22, 2012, German publishing company Gruner + Jahr will make some 320 people redundant by closing its subsidiary G + J Wirtschaftsmedien.

Job cuts will be realized by January 2013. G + J Wirtschaftsmedien is the publisher of the financial newspaper ‘Financial Times Deutschland’, which will cease its activities by December 7th.  ‘Impulse’ and ‘Börse Online’, further magazines published by Gruner + Jahr, will be sold.

In total, G + J Wirtschaftsmedien employs some 350 people. Forced redundancies are not ruled out. Worker representatives announced to go into opposition to the proposed redundancies.


  • 22 November 2012: Frankfurter Allgemeine Zeitung
  • 24 November 2012: Frankfurter Allgemeine Zeitung


Eurofound (2012), G+J Wirtschaftsmedien, Internal restructuring in Germany, factsheet number 74547, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74547.