Hessen Reacts to Frankfurt Work Closure
- FRANKFURT, Germany (AP) — Bayer AG announced plans to shutter its Frankfurt location by 2028, prompting criticism from labour unions and government officials.
- The chemical union IG BCE has voiced strong opposition to the planned closure.
- Kaweh Mansori, minister of Economics for the state government in Wiesbaden, expressed disapproval of Bayer's decision.
Bayer to close Frankfurt Plant by 2028, Union Voices Opposition
Table of Contents
FRANKFURT, Germany (AP) — Bayer AG announced plans to shutter its Frankfurt location by 2028, prompting criticism from labour unions and government officials. The move will affect approximately 500 employees as the company consolidates research and production.
The chemical union IG BCE has voiced strong opposition to the planned closure.
Government and Union Leaders React
Kaweh Mansori, minister of Economics for the state government in Wiesbaden, expressed disapproval of Bayer’s decision. “The closure of a Hessian location is unacceptable,” Mansori said Tuesday. “It contradicts the principles of social partnership.”
Mansori urged Bayer to engage in serious discussions with employee representatives to explore alternatives. He pledged the state’s support for employees during this transition.
Marianne Maehl, chairwoman of Bayer’s Works Council in Frankfurt, vowed resistance. “We will fight for the preservation of the location, for our future, and for fair perspectives,” Maehl said.
impact on Höchst Industrial Park
The closure represents a setback for the Höchst industrial park,home to about 90 chemical and pharmaceutical companies employing around 20,000 people. BASF,another chemical giant,announced its departure from Frankfurt last year.
the Frankfurt Chamber of Industry and Commerce (IHK) described Bayer’s withdrawal as a worrying sign.Ulrich Caspar, IHK President, stated that Germany’s industrial sector faces disadvantages in international competition due to high energy costs, taxes, and excessive regulation.
First German Site Closure for Bayer
Union representatives and the general works council emphasized that closing the Frankfurt location would be unprecedented in Bayer’s history. They are calling for a thorough examination of alternatives.
Bayer,under CEO Bill Anderson,has been streamlining its management in recent years. The company’s workforce decreased from nearly 100,000 to approximately 93,000 by the end of 2024. The company has faced challenges in its agricultural business, notably due to declining prices for glyphosate, a weed killer.
Bayer to close Frankfurt Plant by 2028, Union Voices Opposition
FRANKFURT, Germany (AP) — Bayer AG announced plans to shutter its frankfurt location by 2028, prompting criticism from labor unions and government officials. The move will affect approximately 500 employees as the company consolidates research and production.
The chemical union IG BCE has voiced strong opposition to the planned closure.
Government and Union Leaders React
Kaweh Mansori, minister of economics for the state government in Wiesbaden, expressed disapproval of Bayer’s decision. “The closure of a Hessian location is unacceptable,” Mansori said tuesday. “It contradicts the principles of social partnership.”
Mansori urged Bayer to engage in serious discussions with employee representatives to explore alternatives. He pledged the state’s support for employees during this transition.
Marianne Maehl, chairwoman of Bayer’s Works council in Frankfurt, vowed resistance. “We will fight for the preservation of the location, for our future, and for fair perspectives,” Maehl said.
impact on Höchst Industrial Park
The closure represents a setback for the Höchst industrial park,home to about 90 chemical and pharmaceutical companies employing around 20,000 people. BASF,another chemical giant,announced its departure from Frankfurt last year.
the Frankfurt Chamber of Industry and Commerce (IHK) described Bayer’s withdrawal as a worrying sign.Ulrich Caspar, IHK President, stated that Germany’s industrial sector faces disadvantages in international competition due to high energy costs, taxes, and excessive regulation.
First German Site Closure for Bayer
Union representatives and the general works council emphasized that closing the Frankfurt location would be unprecedented in Bayer’s history. They are calling for a thorough examination of alternatives.
Bayer,under CEO Bill Anderson,has been streamlining its management in recent years. The company’s workforce decreased from nearly 100,000 to approximately 93,000 by the end of 2024. The company has faced challenges in its agricultural business, notably due to declining prices for glyphosate, a weed killer.