Heidelberg Implements New Corporate Structure, Targets Break-even Financial Results

The company's restructuring has involved optimizing processes and streamlining the entire organization. This will result in the planned shedding of up to 450 jobs worldwide in administrative and sales.

The slight upward trend in the print media industry has continued over recent months, but no major upturn is as yet apparent. Heidelberg plans to adjust the production workforce so as to gear capacities to the continuing economic uncertainty in 2010. This will result in the loss of up to 400 jobs — primarily at the Wiesloch/Walldorf site.