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.
Wiesenhof, market leader in poultry meat production in Germany, has announced that it will cut 240 jobs in Bogen.
Due to a major fire at the site in Bogen, the poultry producer has given notice to 240 employees. 294 will continue to be employed.
This is the result of negotiations between the company, employment agency and the trade union NGG. A transfer agency is to be set up for the affected employees and they will receive severance payments. The director of NGG of Lower Saxony has called it an “acceptable solution”. Moreover, the employees shall be offered new jobs at the re-opening of the plant which is planned for autumn 2016.
The fire completely destroyed the plant in February and caused extensive damage.
Eurofound (2015), Wiesenhof, Internal restructuring in Germany, factsheet number 79166, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/79166.
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