Villeroy & Boch

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23 - Manufacture of other non-metallic mineral products
23 - Manufacture of other non-metallic mineral products
900 jobs
Number of planned job losses
Job loss
Announcement Date
20 March 2009
Employment effect (start)
1 April 2009
Foreseen end date
31 December 2010

Description

Villeroy&Boch, one of the main ceramics manufacturers in the world, is to cut 900 jobs worldwide. In particular, the corporate reorganisation plan envisages 400 job-cuts in Germany and the closure of the Italian plant located at Castelraimondo (in the Marche region), with the consequent loss of 41 jobs. According to the company, the reorganisation is mainly due to the recent drop in demand.

Sources

  • 21 March 2009: Il Sole 24 Ore

Citation

Eurofound (2009), Villeroy & Boch, Internal restructuring in World, factsheet number 68602, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68602.