Heidelberg’s Sales Flat, but New Products and Organization Promise Long-Term Profitability

For example, the company has cut its capacities by 15 percent to reflect the changed underlying conditions. The working time at German sites has been cut to 31.5 hours a week and the remuneration levels reduced accordingly. In total, the number of employees is to be cut to less than 14,000 by mid-2014 among others by means of socially acceptable measures. As of March 31, 2012, the Heidelberg Group had a workforce of 15,414 worldwide (previous year: 15,828).