Terex Cranes

Type
Internal restructuring
Country
Germany
Region
Rheinland-Pfalz; Rheinhessen-Pfalz; Zweibrücken, Kreisfreie Stadt
Location of affected unit(s)
Zweibrücken, Blieskastel
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.2 - Manufacture of other general-purpose machinery
28.22 - Manufacture of lifting and handling equipment
120 jobs
Number of planned job losses
Job loss
Announcement Date
5 June 2013
Employment effect (start)
Foreseen end date

Description

The Terex Cranes Germany GmbH, a German producer of industrial mobile cranes, plans to cut 200 jobs by 2014. This is due to the continuing difficult economic situation. The industrial union "IG Metall" has the opinion that this measure is due to mismanagement. Furthermore the management wants to negotiate a new employment contract.

Terex Cranes Germany GmbH is a subsidiary of Terex and had in 2013 1850 employees.

Update, 13 November 2013: According to new sources, job cuts are to affect the Terex sites in Zweibrücken (Rhineland-Palatinate) and Blieskastel (Saarland). Furthermore, dismissals have been reduced from 200 to 120.

Sources

  • 5 November 2013: Saarbrücker Zeitung
  • 5 June 2013: Pirmasenser Zeitung
  • 5 June 2013: Die Rheinpfalz

Citation

Eurofound (2013), Terex Cranes, Internal restructuring in Germany, factsheet number 75609, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75609.