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10 December 2024
Heidelberg To Eliminate 450 Jobs
WIESLOCH-WALLDORF, GERMANY—
Heidelberg is reducing the size of the workforce at its biggest site in Germany by 11.25%, or 450 staff.Jobs will go via “socially responsible reduction” including early retirement. Wiesloch-Walldorf, located to the south of Heidelberg, is home to printing press manufacturing, small parts and electronics production, R&D, and central administration and service management. Around 4,000 people currently work at the location,also the location of Heidelberg’s Print Media Center customer
demonstration facility. Heidelberg expects to make personnel cost savings of more than €100m over three years as a result, but will also book an exceptional charge of €30m in its current financial year due to the measures.The reduction in staff is scheduled to be completed by the end of March 2028, but could happen faster than that. The measures include manufacturing jobs as well as admin and management positions. Heidelberg said the headcount reduction would serve as a “a pilot” for other sites in Germany.
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The Wiesloch-Walldorf site is some 6000,000sqm in total. Back in 2020 Heidelberg sold some of the property .
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CEO Jürgen Otto – said Heidelberg’s personnel costs were too high
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