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.
(35) Electricity 35 - Electricity, gas, steam and air conditioning supply 35 - Electricity, gas, steam and air conditioning supply 35 - Electricity, gas, steam and air conditioning supply
179 jobs Number of planned job losses
Announcement Date
8 May 2012
Employment effect (start)
8 May 2012
Foreseen end date
Description
German Phoenix Solar has announced a restructuring programme affecting 179 employees. Phoenix Solar's domestic workforce will be cut to 130 employees and the company's total staff will be reduced from 409 to 230 employees worldwide.
Sulzemoos-headquartered Phoenix Solar specialises in planning, building and operating large-scale photovoltaic power stations, and is a wholesaler for turnkey photovoltaic systems, solar modules and accessories.
Sources
8 May 2012: Frankfurter Allgemeine Zeitung
8 May 2012: Phoenix Solar
Citation
Eurofound (2012), Phoenix Solar, Internal restructuring in European Union, factsheet number 73774, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/73774.
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