EMCC European Monitoring Centre on Change

Vorwerk

Company/Organisation:
Vorwerk

Geographic Location

Country: Germany
Region: Wuppertal, Kreisfreie Stadt; Düsseldorf; Nordrhein-Westfalen
Location of affected unit(s): Wuppertal

Company

Sector: Manufacturing
Manufacture of machinery and equipment n.e.c.
28.24 - Manufacture of power-driven hand tools
Number Employed: 13000

Employment Effects

Announcement Date: 02-07-2019
Planned Job Reductions min: 200
Planned Job Reductions max: 200
Type of Restructuring: Internal restructuring
Employment Effect Start: 02-07-2019
Foreseen End Date: 31-12-2019
Direct Dismissals: 85
Other Job Reduction Measures: 115

Additional Information

The German manufacturer of household appliances Vorwerk confirmed that it will cease the production of its thermal mixer at its plant in Wuppertal by the end of 2019, which will result in the loss of 200 jobs. Vorwerk is facing a decreasing demand in Europe and believes that the Asian market has greater growth potential. Therefore, Vorwerk plans to build up a new thermal mixer production site in China. Management expects a maximum of 85 compulsory redundancies. The remaining cuts will be completed by natural fluctuation and early-retirement programmes.

Vorwerk has approximately 13,000 employees worldwide.

Sources: