German FAZ: Meyer Werft wants to cut around 440 jobs006989

The management told the German Press Agency on Wednesday: “It is now important to set the course so that Meyer Werft can generate sufficient results with appropriate equity capital and compete internationally by the end of 2027 at the latest.” That is a requirement the shipyard, and legal requirements must be met. On Wednesday morning, the works council announced that around 440 jobs were planned to be cut. The shipyard’s works council head, Andreas Hensen, said that the reductions should primarily affect employees who are not directly involved in building ships. Lower Saxony’s Ministry of Economic Affairs has already announced that it will work to preserve jobs. A possible job cut would mean a painful cut for the Papenburg location, it was said. The ministry said that the Meyer Werft was of central importance for the entire region. The management of the shipyard said that politicians were closely involved and supported the shipyard. Everyone involved is aware that a consensual solution should be reached in the interests of the company and the employees: “It’s about the future of Meyer Werft.”
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