Less & Forest
Agriculture, forestry and fishing
01.29 - Growing of other perennial crops
Planned Job Reductions min:
Type of Restructuring:
Employment Effect Start:
Other Job Reduction Measures:
Less & Forest, a wood and forestry company, is to dismiss 206 out of 696 employees due to insolvency. The workforce reduction will take effect on 29th October 2012.
Furthermore, 200 employees with temporary contracts ending in autumn 2012 will also be released. Overall, the workforce will be reduced by 60%.
Updated, 01-02-2013: According to the sources the company decided not to implement any job cuts.