Boewe Systec

Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.9 - Manufacture of other special-purpose machinery
28.99 - Manufacture of other special-purpose machinery n.e.c.
55 - 93 jobs
Number of planned job losses
Job loss
Announcement Date
29 November 2013
Employment effect (start)
29 November 2013
Foreseen end date
31 December 2013

Description

German engineering company Boewe Systec is to cut up to 93 jobs by the end of 2013. 55 of them have already been given notice.

Affected employees will be compensated and will get the opportunity to be employed in a transfer agency.

The company currently employs more than 400 people.

Sources

  • 29 November 2013: Augsburger Allgemeine

Citation

Eurofound (2013), Boewe Systec, Internal restructuring in Germany, factsheet number 76300, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76300.