Meyer Werft Makes Cuts

Tuesday, April 01, 2003
Meyer Werft is negotiating new orders to build more cruise vessels and is hoping that respective decisions on the placing of orders will be made by this summer provided the war in Iraq will come to a soon end. The potential utilization identifiable from these negotiations will by far not suffice to employ the existing capacities. For this reason, a significant cutback of about 800 employees is mandatory. During today’s information meeting, Meyer Werft staff were informed about the forthcoming restructuring measures The management presented their plans how to secure jobs past 2004. The details of these plans are: Adjustment to capacities in line with the market Due to the difficult world economy and the reluctant market assessment Meyer Werft has to reduce their present staff of 2,600 by approx. 800. In doing so, the know-how indispensable for the shipyard, will not be affected. All measures required for a market-driven adjustment, will be discussed with the company’s staff council and the unions.
Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Vale CEO: Coal Deal Soon

Brazilian mining company Vale SA is close to making a "strategic" announcement concerning its coal unit, the company's chief executive Murilio Ferreira said on

Braemar Hosts Insurance Experts

Braemar (incorporating The Salvage Association) welcomed an invited group of marine insurance professionals onto its specialist port and shipyard familiarization

NAO Announces Financials, Declares Dividend

Nordic American Offshore Ltd. has declared a dividend of $0.45 per share for 3Q2014, as previously announced. This is the same dividend as for the previous two quarters.

Maritime Security

Partnerships Key to Caribbean Maritime Security

Planning and execution of port and maritime safety and security in Caribbean region is all about partnerships Maritime security and safety experts are meeting in Nassau,

Warships Heading to Albany

HMAS Stuart and Japanese Defense Ship Kirisame departed Fleet Base West late yesterday to participate in the Albany Convoy Commemorative Event this weekend.   The

Maritime Piracy: Attacks Down, SE Asia Remains Problematic

While the issue of maritime piracy has largely fallen from the public eye, with the rapid evolution of the 24/7/365 news cycle and a never-ending list of new and globally interesting headlines,

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.5647 sec (2 req/sec)