Particle.news
Download on the App Store

Eichbaum to Cut About 100 Jobs as Investor Talks Enter Decisive Phase

The insolvent Mannheim brewer seeks to shrink below 200 staff to match output, aiming to secure a deal.

Overview

  • Management plans to eliminate roughly 100 positions, with layoff notices expected in the coming weeks, to align capacity with current production.
  • Headcount would fall from about 290 to under 200, removing roughly one third of jobs at the Mannheim site.
  • Talks with financial and strategic investors are described as intensive, with Roland Berger advising and a solution targeted by the March 24 creditors’ meeting.
  • The company remains in self-administered insolvency after its October 30 filing, following weak domestic demand and lower exports that tightened liquidity.
  • Leaders are drafting a plan to broaden the business beyond beer, including a non-alcoholic cider slated for next year and exploratory work on functional drinks.