GERMANY: Warsteiner announces 152 job losses
The German brewer Warsteiner is to make significant job cuts as pressure from a sales decrease in 2002 impacts on the company. A total of 152 jobs out of 951 will be made, however the company said it would not have to resort to forced redundancies. Warsteiner's sales fell 8.9% in 2002 to 3.91m. The brewer has stopped the supply of beer to German supermarket chain Lidl, which will result in an annual 200,000 hectoliter sales decrease.
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