EMCC European Monitoring Centre on Change

German Naval Yards (GNY)

Company/Organisation:
German Naval Yards (GNY)

Geographic Location

Country: Germany
Region: Kiel, Kreisfreie Stadt; Schleswig-Holstein
Location of affected unit(s): Kiel

Company

Sector: Manufacturing
Manufacture of transport equipment
30.11 - Building of ships and floating structures
Number Employed: 500

Employment Effects

Announcement Date: 15-02-2021
Planned Job Reductions min: 134
Planned Job Reductions max: 134
Type of Restructuring: Internal restructuring
Employment Effect Start: 15-02-2021
Foreseen End Date: 31-12-2021
Other Job Reduction Measures: 134

Additional Information

As announced on 15 February 2021, the German shipbuilding company German Naval Yards (GNY) will be cutting 134 jobs at its plant in Kiel due to internal restructuring until the end of 2021. According to the company the job reduction is inevitable due to the economic hardship caused by the COVID-19 crisis. The works’ council has agreed to a social plan which includes severance payments, early-retirement programmes and the set-up of a transfer company.  

GNY has currently 500 employees at its plant in Kiel.

Sources: