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.
German multinational steel conglomerate ThyssenKrupp will reduce its European workforce by at least 2,000 employees. The company implements a large optimization programme in its Steel Europe division, implying the closure, relocation or sale of business units and facilities. The plants of ThyssenKrupp under review are Duisburg-Beeckerwerth, Dortmund and Neuwied (Germany) and Galmed (Spain).
The company notes that the restructuring could lead to the additional loss of 1,800 jobs, due to possible ‘disposals’.
Eurofound (2013), ThyssenKrupp, Internal restructuring in European Union, factsheet number 74898, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74898.
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