Restructuring events
European Restructuring Monitor (ERM)
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.
German provider of weighing and slicing technologies for industry and trade Bizerba has announced that it will cut 450 jobs worldwide.
So far, the company has stated that the layoffs will affect two production facilities in Balingen and Meßkirch, Germany. For the country, no specific number of jobs to be cut is available as of now. The conditions of the programme are negotiated with employee representatives according to local regulations.
Bizerba is to change its global organisational structure and introduce a comprehensive business unit structure. The move is due to supply difficulties, the COVID-19 pandemic as well as a cyber-attack on the company in 2022.
Bizerba was founded in 1866. Currently, the company employs about 4,500 people worldwide. It has production facilities in Germany, Austria, Switzerland, Italy, Spain, Serbia, China and the USA.
Eurofound (2024), Bizerba, Internal restructuring in World, factsheet number 200887, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/200887.
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