Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Construction Of Buildings
41.1 - Development of building projects

125 jobs
Number of planned job losses
Job loss
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74700.