Heidelberg Reports Revenue Decline but Orders Stabilize
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
As a result of the slight increase in volumes in comparison with the previous quarter and higher cost savings anticipated over the further course of financial year 2009/10, the company expects to keep the operating result fairly level in the second six months of the year.
With the conclusion of negotiations on a reconciliation of interests and a redundancy plan at the start of October, the planned cutbacks at Heidelberg are progressing. On September 30, 2009, Heidelberg had a workforce of 18,201 worldwide, representing a reduction of around 2,400 employees since the end of March 2008. In total, the company plans to cut around 4,000 jobs worldwide by the end of financial year 2010/11.
0 Comments
View Comments
- Companies:
- Heidelberg
Related Content
Comments