Type
Internal restructuring
Country
Germany
Region
Baden-Württemberg; Karlsruhe; Karlsruhe
Location of affected unit(s)
Karlsruhe
Sector
Manufacturing
Manufacture Of Wood And Paper Materials
Manufacture Of Paper And Paper Products
17 - Manufacture of paper and paper products

50 jobs
Number of planned job losses
Job loss
Announcement Date
4 September 2013
Employment effect (start)
4 September 2013
Foreseen end date
31 December 2014

Description

As announced on September 4, Finnish-Swedish pulp and paper manufacturer Stora Enso will cut 50 jobs in Karlsruhe (Baden-Württemberg) by 2015.

This is in line with Stora Enso’s plans to axe 2,500 jobs worldwide (see Stora Enso 2013). In 2010, the company had already discontinued parts of its production in Karlsruhe, resulting in 170 job cuts at the end of 2012.


Sources

  • 4 September 2013: Econo (online)

Citation

Eurofound (2013), Stora Enso, Internal restructuring in Germany, factsheet number 75880, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75880.