Type
Bankruptcy
Country
Germany
Region
Bayern; Mittelfranken; F├╝rth
Location of affected unit(s)
Zirndorf
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26.4 - Manufacture of consumer electronics

110 jobs
Number of planned job losses
Job loss
Announcement Date
27 January 2015
Employment effect (start)
27 January 2015
Foreseen end date
31 July 2015

Description

Metz will dismiss 110 out of 540 employees at its Zirndorf headquarters in 2015. Metz is a Mittelfrank TV manufacturer. The company filed for bankruptcy in November 2014. Metz has indicated that it intends to reduce personnel overcapacity. Dismissed employees will be able to transfer to a transition company. The transition company will support Metz employees with training measures up to the end of July 2015.


Sources

  • 27 January 2015: Nordbayern.de Online
  • 27 January 2015: Sat.1 Bayern Online

Citation

Eurofound (2015), Metz, Bankruptcy in Germany, factsheet number 78228, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78228.