The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.11 - Manufacture of electronic components
153 jobs Number of planned job losses
Announcement Date
10 December 2013
Employment effect (start)
1 January 2014
Foreseen end date
Description
Schott closes its solar wafer manufacturing division in Jena, resulting in the loss of 153 workplaces.
According to the management, the measure responds to the strenuous market situation of the German photovoltaic industry.
As to date, it is unclear if the net job cuts will be reduced via the internal mobility of workers. The management aims to avoid forced redundancies.
In 2012, the company had already announced to cut 220 jobs in Mainz and Alzenau. After the current restructuring process, about 500 staff will be left in Jena.
Sources
10 December 2013: Mitteldeutsche Zeitung
9 December 2013: Ostthueringer Zeitung
Citation
Eurofound (2013), Schott, Internal restructuring in Germany, factsheet number 76398, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76398.
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