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.
As announced on 9 June 2012, German TÜV Nord will cut 300 jobs in its training section TÜV Nord Bildung. This is due to decreasing demand.
TÜV Nord Bildung faces reduced spendings for training of the unemployed since the federal government announced a review of further education measures. In total, the section employs 1,300 people, 300 jobs had been cut previously.
Eurofound (2012), TÜV Nord Bildung, Internal restructuring in Germany, factsheet number 73703, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/73703.