Germany: MV Werften to cut 1,200 shipyard jobs In a two-minute video, the CEO of MV Werften (shipyards), Peter Fetten, informed the workforces of the three shipyards in Wismar, Warnemünde and Stralsund that more than a third of the 3,000 jobs are to fall victim to a “restructuring programme.” Around 1,200 jobs are at risk—a bitter blow for the workforces, as the shipyard industry is one of the most important employers in the region. MV Werften GmbH' shipyards in Rostock, Mecklenburg-Western Pomerania (Credit: Sebastian Krauleidis via Wikimedia Commons) The future of the remaining workf...