Ebusco to reduce workforce by 16% (102 employees) as part of restructuring plan

Ebusco has announced today, 31st December 2024, plans to reduce its workforce by 16.5%, affecting 102 full-time equivalent (FTE) positions. The decision is part of the company’s ongoing restructuring efforts under its Turnaround Plan, which includes a shift to the Original Equipment Designer (OED) model, as CEO Christian Schreyer discussed with Sustainable Bus in this interview.

This announcement follows recent changes in Ebusco’s management board, as reported earlier, which marked a pivot to streamline operations and focus on design and development while outsourcing production.

The workforce reduction, expected to take place in the first quarter of 2025, will primarily impact roles in the production, warehouse, and facility departments. Ebusco has submitted a request to the Netherlands Employees Insurance Agency (UWV) and notified trade unions of its intentions.

To assist employees during this transition, the company has introduced a social plan. Ebusco reiterated its aim to balance swift decision-making with care for its workforce during this challenging period.

Christian Schreyer, CEO of Ebusco, stated: “Although this decision is difficult for the affected employees, it is a necessary step to improve Ebusco’s financial performance. Scaling down the inhouse production in the Netherlands is an important part of our strategy and these measures are aimed at right-sizing the company and reinforcing Ebusco’s core strengths in sales, design and engineering. Although it was originally intended to spread this adjustment over a longer period, we have now chosen to expedite the process and provide clarity within a shorter timeframe. The measures are significant, and we are fully committed to supporting our employees in this transition.”