Press Maker manroland sheetfed to Shed 77 Jobs

OFFENBACH, GERMANY—manroland sheetfed, the German printing press builder, announced it has concluded negotiations with its workers council over the dismissal of 77 workers. The company announced its intentions in September 2012, and those dismissed will leave the company by Nov. 30.

As part of the negotiations, the dismissed employees have the opportunity of joining a government backed “transfer company” that provides 80 percent of their salary for up to 12 months and assistance finding alternative employment.