Caterpillar

Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Lunen, Wuppertal, Hamm, Saarbrucken
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.1 - Manufacture of general-purpose machinery
28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
300 jobs
Number of planned job losses
Job loss
Announcement Date
11 October 2013
Employment effect (start)
11 October 2013
Foreseen end date

Description

Producer of mining vehicles Caterpillar is to cut up to 300 jobs in Germany. The restructuring is mainly to affect Lunen (North Rhine-Westphalia), but also Wuppertal, Hamm (both North Rhine-Westphalia) and Saarbrucken (Saarland).

According to the sources, the initiative is due to a severe drop in orders that will affect the company from mid-2014.

The company aims to avoid forced redundancies. Worker representatives have shown themselves disappointed with the management’s decision and called for alternative plans to the redundancies.

Caterpillar employs between 1,300 and 1,400 staff at the affected sites, about 1,200 of them in Lunen. The company is a subsidiary of US-based Caterpillar group. For further restructuring at Caterpillar see Caterpillar (2013).

Sources

  • 11 October 2013: Der Westen (online)

Citation

Eurofound (2013), Caterpillar, Internal restructuring in Germany, factsheet number 76076, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76076.