Type
Closure
Country
Germany
Region
Nordrhein-Westfalen; Detmold; G├╝tersloh
Location of affected unit(s)
G├╝tersloh
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Publishing Activities
58.1 - Publishing of books, periodicals and other publishing activities

150 - 300 jobs
Number of planned job losses
Job loss
Announcement Date
12 June 2013
Employment effect (start)
1 January 2014
Foreseen end date
30 June 2014

Description

German publisher Wissen Media, a subsidiary of the media group Bertelsmann will close, making up to 300 employees redundant. This measure was taken due to a decreasing demand for the printed version of the German encyclopedia Brockhaus, which the company published since 1810.


Sources

  • 11 June 2013: RP Online
  • 11 June 2013: Spiegel

Citation

Eurofound (2013), Wissen Media Verlag, Closure in Germany, factsheet number 75560, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75560.