Admedes Schuessler

Type
Internal restructuring
Country
Germany
Region
Baden-Württemberg; Karlsruhe; Pforzheim, Stadtkreis
Location of affected unit(s)
Pforzheim
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.9 - Manufacture of other special-purpose machinery
28.9 - Manufacture of other special-purpose machinery
65 jobs
Number of planned job losses
Job loss
Announcement Date
6 May 2014
Employment effect (start)
6 May 2014
Foreseen end date
30 September 2014

Description

German specialist of medical technology Admedes Schuessler is to dismiss 65 employees at its site in Pforzheim. Moreover, 30 fixed-term employees will have to leave the company. The job losses are due to the low demand for medical stents and will be implemented until 30 September.  

As reported the management has announced that the set up social plan increases severance payments for employees. Moreover, they assured that the remaining 540 jobs are safe.

Sources

  • 6 May 2014: Pforzheimer Zeitung

Citation

Eurofound (2014), Admedes Schuessler, Internal restructuring in Germany, factsheet number 77178, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77178.