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.
On 20 January 2017, German kitchen manufacturer ALNO announced plans to cut 250 jobs in Germany. The affected sites are located in Pullendorf (Baden-Württemberg), Enger (North Rhine- Westphalia) and Coswig (Saxony-Anhalt). Another 100 jobs will be cut worldwide. The job cuts will be affected in the company's administration department.
The German Metalworkers’ Union (IG Metall) criticised the company's management for not developing the company in a growing kitchen market. The company did not release any timeline for their plans. The management seeks to save €20 million annually from 2018 onwards.
ALNO employs about 2,100 employees worldwide.
Update:
On 10 March 2016, ALNO announced to reduce the number of job cuts from the originally planned 250 to 140 in Germany. The figure decreased due to negotiations between the management, the German Metalworkers’ Union and the works’ council. In return for the reduced number of job cuts, employees accepted cancellation of bonus payments like Christmas bonus and holiday pay. The number of job cuts abroad however has not been reduced and negotiations are still ongoing.
Eurofound (2017), ALNO, Internal restructuring in Germany, factsheet number 90239, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/90239.
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