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.
(49 - 53) Transportation / Storage 53 - Postal and courier activities 53 - Postal and courier activities 53 - Postal and courier activities
140 jobs Number of planned job losses
Announcement Date
8 December 2003
Employment effect (start)
1 January 2004
Foreseen end date
Description
For the first time in its history the Deutsche Post will proceed to direct dismissals, there is however a social plan for the personnel. In its subsidiary, Danzas Euronet, 140 drivers will loose their jobs at the beginning of 2004. This restructuring measure was made necessary by the loss of a big customer, Otto, but it also aims at reducing the overcapacity of the company.
Sources
9 December 2003: Les Echos
8 December 2003: Berliner Zeitung
Citation
Eurofound (2003), Danzas Euronet, Internal restructuring in Germany, factsheet number 59581, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/59581.
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