manroland sheetfed Completes the Reorganization of Its Manufacturing Operations

As part of the negotiations, the dismissed employees have the opportunity of joining a government backed “transfer company” that provides 80 percent of their salary for up to 12 months and assistance finding alternative employment.

A spokesman for manroland said, “The heavy restructuring that took place in January was very much a rough cut. Since then, we have been fine-tuning our processes. Although it is unfortunate to have to let more people go, with these fine-tuning measures the business is now very efficiently structured and we do not anticipate making any further headcount reductions in the foreseeable future.”