Type
Bankruptcy
Country
Germany
Region
Sachsen; Chemnitz; Zwickau
Location of affected unit(s)
Hohenstein-Ernstthal
Sector
(10 - 33) Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26.1 - Manufacture of electronic components and boards
26.11 - Manufacture of electronic components

289 jobs
Number of planned job losses
Job loss
Announcement Date
31 May 2025
Employment effect (start)
1 September 2025
Foreseen end date
1 September 2025

Description

Meyer Burger Germany dimissed its employees at its site in Hohenstein-Ernstthal in Saxony. The company employed 289 people at the site; mainly working on mechanical engineering and technology for solar panel production.

Job cuts became necessary after Swiss parent company Meyer Burger filed for insolvency. Subsequently, production was halted, and employees working in Hohenstein-Ernstthal were laid off on 1 September 2025. Meyer Burger cites the lack of government support on Germany and its inability to compete with low-cost production from China as the main reasons for its decision.

Other German subsidiaries of Swiss Meyer Burger are also affected by the insolvency proceedings. Meyer Burger Industries operates a site in Bitterfeld-Wolfen (Saxony) that also had to lay off over 300 workers (Meyer Burger Industries 2025 - DE). Already in March 2024, the module production site in Freiberg, Saxony, had to be closed, affecting 300 employees (as also recorded in the ERM databaseMeyer Burger 2024 - DE).


Sources

Citation

Eurofound (2025), Meyer Burger Germany, Bankruptcy in Germany, factsheet number 203393, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203393.