Type
Bankruptcy
Country
Germany
Region
Saarland;
Location of affected unit(s)
Saarbrücken
Sector
Agriculture
Agriculture, Forestry And Fishing
Forestry And Logging
02.4 - Support services to forestry

100 jobs
Number of planned job losses
Job loss
Announcement Date
29 September 2014
Employment effect (start)
29 September 2014
Foreseen end date
28 February 2015

Description

On 29 September 2014, insolvent IDS Scheer Consulting announced to cut 100 out of 400 positions by February 2015.

The company has recently run losses of €1million each month. IDS Scheer Consulting provides consulting services in process management and SAP.


Sources

  • 29 September 2014: heise.de

Citation

Eurofound (2014), IDS Scheer Consulting, Bankruptcy in Germany, factsheet number 77724, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77724.