Manufacture of basic metals and fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
Planned Job Reductions min:
Planned Job Reductions max:
Type of Restructuring:
Employment Effect Start:
The steel constructor PPTH has started cooperation talks with the all the personnel in order to make 120 employees redundant. The reason for this job reduction measure is the recession in the industry and office construction in North-Europe.
In October 2003, PPTH has ended the cooperation talks. As a result of these talks, the company decided to cut its work force by 120 jobs.