EMCC European Monitoring Centre on Change

FDGHG

Company/Organisation:
FDGHG

Geographic Location

Country: Germany
Region: Düsseldorf, Kreisfreie Stadt; Düsseldorf; Nordrhein-Westfalen
Location of affected unit(s): Düsseldorf

Company

Sector: Transportation / storage
Transportation and storage
52.24 - Cargo handling
Number Employed: 800
Group: Flughafen Düsseldorf

Employment Effects

Announcement Date: 18-10-2012
Planned Job Reductions min: 372
Planned Job Reductions max: 372
Type of Restructuring: Internal restructuring
Employment Effect Start: 18-10-2012
Foreseen End Date: 31-12-2014
Direct Dismissals: 252
Other Job Reduction Measures: 120

Additional Information

As announced on October 18, 2012 air cargo handling provider FDGHG, a subsidiary of Flughafen Düsseldorf, will cut 372 jobs. This is due to increasing cost pressures and strong competition.

In total, FDGHG employs 800 people, of which about half will be made redundant. Forced redundancies are not ruled out, but 120 people are said to be transferred to Flughafen Security, another subsidiary of Flughafen Düsseldorf. It is reported that they are to accept lower salaries with the transfer.