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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62.0 - Computer programming, consultancy and related activities
500 jobs Number of planned job losses
Announcement Date
23 April 2015
Employment effect (start)
23 April 2015
Foreseen end date
31 December 2015
Description
Wincor Nixdorf, German ATM and cash register manufacturer, will cut around 1,100 jobs worldwide and around 500 jobs within Germany. The austerity program results from a weak demand for ATM machines. Compared with the previous year's result, hardware sales decreased by 12%. Wincor employs a total of 9,000 employees worldwide (more than half of them working in Germany).
Sources
23 April 2015: WDR (online)
27 April 2015: invidis online
Citation
Eurofound (2015), Wincor Nixdorf, Internal restructuring in Germany, factsheet number 83099, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/83099.
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