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.
Financial / Insurance/ Estate 68 - Real estate activities 68 - Real estate activities with own property and development of building projects 68.1 - 68 - Real estate activities with own property and development of building projects
125 jobs Number of planned job losses
Announcement Date
15 November 2012
Employment effect (start)
15 November 2012
Foreseen end date
Description
As announced on November 15, 2012, German project developer juwi will cut 125 jobs. This is due to declining sales in the company’s solar section. Another 25 employees of the solar section will be relocated to other parts of the company.
In total, juwi employs 1,800 people.
Sources
15 November 2012: iwr news
Citation
Eurofound (2012), juwi, Internal restructuring in Germany, factsheet number 74700, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74700.
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