EMCC European Monitoring Centre on Change

Zeiss Sports Optics

Company/Organisation:
Zeiss Sports Optics

Geographic Location

Country: Germany
Region: Lahn-Dill-Kreis; Gießen; Hessen
Location of affected unit(s): Wetzlar

Company

Sector: Manufacturing
Manufacture of computer, electronic and optical products
26.70 - Manufacture of optical instruments and photographic equipment
Number Employed: 300
Group: Carl Zeiss

Employment Effects

Announcement Date: 18-10-2017
Planned Job Reductions min: 220
Planned Job Reductions max: 220
Type of Restructuring: Internal restructuring
Other Job Reduction Measures: 220

Additional Information

On 18 October 2017, the German optics and electronics manufacturer Carl Zeiss, confirmed the loss 140 jobs in and the relocation of 80 jobs from Wetzlar to Oberkochen due to internal restructuring. All jobs are part of the Zeiss Sports Optics in Wetzlar which currently has 300 employees. Cuts will mainly affect production. There is no time frame yet, however, negotiations with the works council regarding a social plan will start shortly.

Due to a deficit of 15 million Euros over the last ten years, cuts have to be made in order to preserve the site in Wetzlar and make Zeiss Sports Optics profitable again.