Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Stihl, a German manufacturer of chainsaws and garden equipment, has announced plans to cut around 500 jobs globally.
The restructuring will mainly affect administrative roles, with a low three-digit number of job cuts expected in Germany: Stihl - 2024 DE The programme will be implemented through voluntary programmes and retirements, avoiding forced redundancies.
The company is to adjust to weaker-than-expected post-pandemic growth and increasing demand for battery-powered tools. Stihl aims to raise the share of electric products to 35% of total sales by 2027, up from 25% in 2024. This transformation includes significant investments in battery and electric motor production facilities in the United States, Romania, and Germany.
Founded in 1926, Stihl is a family-owned company and a global market leader in chainsaws. The company has its production sites in Germany, Austria, Switzerland, Brazil, China, and Philippines, employing 19,700 people worldwide.
Eurofound (2025), Stihl, Internal restructuring in World, factsheet number 202711, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/202711.
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