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.
Hessen; Darmstadt; Frankfurt am Main, Kreisfreie Stadt
Location of affected unit(s)
Frankfurt
Sector
Information / Computing 62 - Computer programming, consultancy and related activities 62 - Computer programming, consultancy and related activities 62 - Computer programming, consultancy and related activities
300 jobs Number of planned job losses
Announcement Date
13 March 2014
Employment effect (start)
13 March 2014
Foreseen end date
30 September 2014
Description
IT services firm Atos Information Technology will close its site in Frankfurt (Hesse) by the end of September 2014 and thus make 300 staff redundant.
According to a spokesperson, the site is no longer competitive. As a result of a lack of orders, about 10% of the employees are not working to capacity right now.
The company announced talks with worker representatives.
Atos is based in France.
Sources
13 March 2014: Frankfurter Rundschau
Citation
Eurofound (2014), Atos Information Technology, Closure in Germany, factsheet number 76730, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76730.