EMCC European Monitoring Centre on Change

Salamander

Company/Organisation:
Salamander

Geographic Location

Country: Germany
Location of affected unit(s): Kornwestheim, Vinningen, Schrozberg

Company

Sector: Manufacturing
Manufacture of textiles, apparel, leather and related products
15 - Manufacture of leather and related products
Number Employed: 3500
Group: Salamander

Employment Effects

Announcement Date: 10-01-2003
Planned Job Reductions min: 430
Planned Job Reductions max: 430
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-01-2003

Additional Information

Salamander has developed to become a dynamic player in the service and shoe sectors, offering a large number of strong, well-known brands. As well as being active in the high turnover and yield-generating service sector (60 % of the company’s turnover), Salamander continues to be involved in the more traditional sectors of shoe production (15 %) and international shoe retail (18 %). Salamander’s industrial (8 %) and property businesses round off the company’s portfolio. The company employs 3,500 in the shoe sector. The present restructuring is cutting 430 jobs in the sites of Kornwestheim, Vinningenand Schrozberg. The site of Bonyhad (HU) had previously been closed, causing the loss of 900.