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.
AVL List GmbH, an Austrian technology and mobility company, announced the reduction of 350 jobs at its Graz site, affecting around 8% of its 4,000 employees across all business areas. The restructuring impacts various units within the company’s operations in Graz.
According to management, the job cuts are a response to declining order volumes, structural changes in the global automotive and mobility industries, economic slowdowns in several key markets, rising costs, and intensifying international competition. The situation has been further strained by increased US tariffs.
The staff reductions will involve dismissals, for which a social plan and individual support measures are foreseen, while the company aims to mitigate the impact as far as possible through natural attrition and partial retirement schemes.
Trade unions and employee representatives are closely involved, with the company emphasizing a cooperative approach to mitigate the social impact. Management underlined the need to secure long-term competitiveness while stressing its responsibility toward staff.
AVL List GmbH employs over 12,200 people worldwide and is a global leader in mobility technologies for development, simulation, and testing in automotive, rail, maritime, and energy sectors. The company had already implemented reductions in early 2024, cutting around 200 jobs through dismissals and attrition.
Eurofound (2025), AVL List, Internal restructuring in Austria, factsheet number 203210, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203210.
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