Cornelsen

Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Media
58 - Publishing activities
58.1 - Publishing of books, newspapers and other publishing activities, except software publishing
58.11 - Publishing of books
200 jobs
Number of planned job losses
Job loss
Announcement Date
22 March 2013
Employment effect (start)
22 March 2013
Foreseen end date
31 December 2014

Description

German publishing house Cornelsen is to cut 200 jobs in its school book section. The job cuts, including forced redundancies, shall be realized by 2014. The restructuring refers to the school book section where 1,000 people are employed and is attributed to the lowering demand and the use of new technologies at schools. In October 2012, Cornelsen subsidiary Bibliografisches Institut had announced redundancies of 140 people (please see here).

Sources

  • 22 March 2013: Mannheimer Morgen (online)

Citation

Eurofound (2013), Cornelsen, Internal restructuring in Germany, factsheet number 75181, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75181.