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.
Duisburg-Beeckerwerth, Dortmund and Neuwied (Germany) and Galmed (Spain)
Sector
Manufacturing Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Basic Metals 24.52 - Casting of steel
2,000 jobs Number of planned job losses
Announcement Date
8 February 2013
Employment effect (start)
Foreseen end date
30 September 2015
Description
German multinational steel conglomerate ThyssenKrupp will reduce its European workforce by at least 2,000 employees. The company implements a large optimization programme in its Steel Europe division, implying the closure, relocation or sale of business units and facilities. The plants of ThyssenKrupp under review are Duisburg-Beeckerwerth, Dortmund and Neuwied (Germany) and Galmed (Spain).
The company notes that the restructuring could lead to the additional loss of 1,800 jobs, due to possible ‘disposals’.
Sources
8 February 2013: Financial Times
8 February 2013: Thyssen Krupp (press release)
Citation
Eurofound (2013), ThyssenKrupp, Internal restructuring in European Union, factsheet number 74898, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74898.
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