Here is a news article from DerWesten news paper in Germany.

http://www.derwesten.de/staedte/nachrichten-aus-herne-und-wanne-eickel/schock-bei-schwing-id6437677.html

Sorry the translation from German to English is so bad.

In the wake of the economic and financial crisis, the traditional company had already set two years ago, 120 people out the door.

Background: In the global business, sales were broken in 2009 by 50 percent. Short-time working was introduced, said 120 of about 1,000 employees laid off. I still, however, the market does not recover sufficiently, voice-personnel director Wolfgang Koester says the WAZ, also ran the short-time work at the end of March. Therefore, additional measures are required. In addition to optimizing the processes and the split of offices abroad now have a cost-reduction needs her, say, the loss of jobs.

Discussions with investor

Vibration striving was "a socially acceptable solution" to. The IG Metall, he now wants to enter into negotiations on a social plan and balance of interests. The goal is to achieve the reduction of staff over the next two months.

Voice is obviously a step further in finding an investor. The company was in "ongoing contract negotiations," said Koster continued. Go into detail, he does not want. Only this: The hiring manager is convinced that the concrete machinery manufacturer with the investor "has a good perspective" and "can look positively into the future." The introduction of an investor, clarifies Koester, was not the reason for the layoffs.

In the IG Metall announced the elimination of jobs has caused anger and dismay. For three years the staff have been living in fear, had done nothing on the highway, criticized IG Metall boss Eva-Maria Kerkemeier. They also missed a justification for the move: "Because people should be sacrificed, but no one knows with what concept." Kerkemeier announced. "We fight for every job"

The union is now asking for their part in collective bargaining. One is employment and job security for the next ten years ago and over the same period a rejection of layoffs and outsourcing, and a commitment to remain the company's employers' association: With the three goals.

this story is friegtning,when I think of

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