On November 26th, just two weeks after its Second Quarter 2004 Financial Report of November 12th, Heidelberg announced plans for major changes in the company's structure. The company will:

The result will be a company concentrated on sheetfed offset printing and all its related value chain, including prepress, press, postpress and workflow management.

As of September 30, Heidelberg had a workforce of about 23,700 employees worldwide - down from the previous year's level of 25,000. And in its quarterly report, the company indicated that it was planning to reduce staff levels worldwide by around 3,200 during the period April 1, 2002 to March 31, 2004. During the second quarter some 400 jobs were cut, and this week's announcement adds another 1000 to that total.