Despite a social plan: a traditional German company has to lay off employees

As of: February 28, 2024, 5:09 p.m

By: Julian Baumann

Comments

Press

Split

The foundry company Gienanth from Rhineland-Palatinate has to lay off employees as part of a restructuring (symbolic photo).

© Waltraud Grubitzsch/dpa

Giernath, an established company from Rhineland-Palatinate, is facing massive job cuts.

Despite a social plan and reconciliation of interests, some jobs are affected.

Eisenberg - The renowned company Giernath from Rhineland-Palatinate is facing financial challenges and has to lay off employees.

After intensive negotiations, the management and the works council of the Eisenberg site negotiated a significant reconciliation of interests and a social plan.

The layoffs are part of the adjustment to the current economic situation and only affect the headquarters in Eisenberg.

At

you can read how many jobs are being eliminated at Giernath and why, according to the managing director, this is necessary for the company's continued existence.

Just recently, another traditional company in the southwest sent employees on short-time work in order to prevent job cuts.

The editor Julian Baumann wrote this article and then used an AI language model for optimization at his own discretion.

All information has been carefully checked.