Internal restructuring
Nordrhein-Westfalen; Köln; Köln
Location of affected unit(s)
Information / Communication
Information Service Activities
Information Service Activities
63 - Information service activities

350 jobs
Number of planned job losses
Job loss
Announcement Date
23 February 2015
Employment effect (start)
23 February 2015
Foreseen end date
28 February 2017


German IT and telecommunication services provider QSC will cut 350 out of 1,700 jobs in Cologne within the next two years. The job reduction is due to the company’s weak performance over the past years. Detailed information on which departments will be affected and how the job reduction will be implmented has yet to be announced.

In 2012, QSC bought two companies which increased the number of employees from 350 to 1,700. The company had plans to increase revenue to €1 billion by 2016. By 2014 however, QSC  only achieved a total turnover of €430 million. With the job reduction, the company intends to save €10 million  this year and €25 million each year starting from 2017.


  • 23 February 2015: FAZ
  • 23 February 2015: Focus Online


Eurofound (2015), QSC, Internal restructuring in Germany, factsheet number 78645, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78645.