Internal restructuring
Location of affected unit(s)
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations

120 jobs
Number of planned job losses
Job loss
Announcement Date
31 January 2018
Employment effect (start)
1 February 2018
Foreseen end date


The German pharmaceutical company Phoenix Pharmahandel GmbH & Co KG announced it will cut 120 jobs due to internal restructuring. On 1 February 2018, Phoenix introduced a new company structure, resulting in the loss of 120 jobs throughout Germany. It is expected that some new jobs may also be created in the process, but no set number has been announced. Phoenix hopes to achieve the job reductions mainly through natural fluctuation. A detailed timeframe regarding the job reduction has yet to be announced.

Management and works council have already agree to social plan which includes early-retirement programmes.

As of February 2018, Phoenix has 4,300 employees in Germany.


  • 1 February 2018: FNweb
  • 31 January 2018: Phoenix Pharmahandel (online)


Eurofound (2018), Phoenix Pharmahandel, Internal restructuring in Germany, factsheet number 93194, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93194.