Freudenberg

Type
Internal restructuring
Country
Germany
Region
Baden-Württemberg; Karlsruhe; Rhein-Neckar-Kreis
Location of affected unit(s)
Weinheim
Sector
Transportation / Storage
52 - Warehousing, storage and support activities for transportation
52.1 - Warehousing and storage
52.10 - Warehousing and storage
210 - 220 jobs
Number of planned job losses
Job loss
Announcement Date
25 November 2016
Employment effect (start)
1 January 2017
Foreseen end date

Description

On 25 November 2016, business group Freudenberg announced to cut up to 220 jobs at Weinheim starting in 2017. The company wants to restructure three parts of its business units to strengthen their competitiveness and profitability.

  • Up to 110 out of 180 jobs will be cut at Freudenberg Performance Materials Logistics due to a review revealing that the warehouse services are not profitable.
  • Between 50 and 60 jobs are planned to be cut at Freudenberg Filtration Technologies which produce industrial filtration elements. The company wants to relocate the production of cassette and cartridge filtration elements to Eastern Europe.
  • At the section of Freudenberg Performance Materials, which produces tufted carpet materials, 50 out of 260 will be cut.

The management announced to start negotiations with the works council shortly. Freudenberg currently employs 4,400 staff in Weinheim.

Sources

  • 25 November 2016: Freudenberg press release
  • 25 November 2016: Weinheimer Nachrichten

Citation

Eurofound (2016), Freudenberg, Internal restructuring in Germany, factsheet number 89295, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89295.