KBA’s management has agreed job cuts with its employee representatives at the Frankenthal sites in the German state of Rhineland-Palatinate. Both sides have recognized that global demand for web offset presses is falling and have agreed that the number of employees at both subsidiaries will be reduced to a total of 164 (84 at Albert-Frankenthal and 80 at KBA-FT Engineering).
There are currently 222 employees are on the payroll at Albert-Frankenthal and 149 at KBA-FT Engineering, 28 of which will leave due to natural fluctuations, meaning that 180 staff will be made redundant by 31 October 2014. They will have the opportunity to qualify for a new position for one year at a transitional company from 1 January 2015.
A new amendment to wage agreements and framework agreements will regulate the assignment of orders in future between the KBA Group and the two companies in Frankenthal.