EMCC European Monitoring Centre on Change

Heidelberg Druckmaschinen

Company/Organisation:
Heidelberg Druckmaschinen

Geographic Location

Country: World

Company

Sector: Manufacturing
Manufacture of machinery and equipment n.e.c.
28.95 - Manufacture of machinery for paper and paperboard production
Number Employed: 15666

Employment Effects

Announcement Date: 17-01-2012
Planned Job Reductions min: 2000
Planned Job Reductions max: 2000
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-01-2012
Foreseen End Date: 31-12-2013
Direct Dismissals: 2000

Additional Information

Heidelberg will reduce its headcount with 2,000 employees. Around 1,200 of the jobs will be cut in Germany, notably in production, development, administration, sales, and marketing. 800 jobs will be lost elsewhere in the group's global operations. Heidelberg did not detail in which of its plants the jobs will be lost.

The job reduction scheme is part of the new ‘Focus 2112' efficiency program of Heidelberg. The plan will reduce capacity and includes cost cutting measures. In previous years, Heidelberg has already cut thousands of jobs following the shrinking market for newspaper and magazine publishing.