EMCC European Monitoring Centre on Change

Bertelsmann

Company/Organisation:
Bertelsmann

Geographic Location

Country: Germany
Region: Gütersloh; Detmold; Nordrhein-Westfalen
Location of affected unit(s): Gütersloh

Company

Sector: Information / communication
Publishing, audiovisual and broadcasting activities
58 - Publishing activities
Number Employed: 700

Employment Effects

Announcement Date: 21-09-2020
Planned Job Reductions min: 100
Planned Job Reductions max: 100
Type of Restructuring: Internal restructuring
Employment Effect Start: 21-09-2020
Foreseen End Date: 01-01-2021
Other Job Reduction Measures: 100

Additional Information

As announced on 21 September 2020, the German media firm Bertelsmann will be cutting 100 jobs at its headquarter in Gütersloh until 2021 due to internal restructuring. Bertelsmann is facing a drop in sales of 40% due to the COVID-19 crisis and needs to adapt to the new market environment. Therefore, Bertelsmann will be restructuring its entire corporate center in Gütersloh by 2021. The goal of the restructuring is to save €35 million annually. Management and works council will start negotiations shortly. CEO Rabe emphasised that there will be a socially acceptable solution for every employee.

Currently, Bertelsmann has 700 employees in Güterloh.

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