Heidelberg's 'Focus' Program to Cost 2,000 Jobs

Among the short-term measures:

• Production capacities will be reduced by around 15 percent and service capacities in the regions will be adapted in line with the expected medium-term level of sales.
• Research and development expenditures will be cut by reducing capacities, further optimizing internal R&D processes, and reprioritizing projects.
• Sales, marketing and structural costs will also be reduced substantially by pooling sales and marketing activities and restructuring individual markets. Comprehensive support for the global customer base will still be ensured.