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 11 September 2013, Autokühler, a subsidiary of automotive supplier AKG, will cut 80 to 100 jobs in Hofgeismar (Hesse). This is due to decreasing sales.
In total, Autokühler employs 683 people in Hofgeismar. Another 16 jobs will be cut at the AKG site in Uslar (Lower Saxony), where 82 people are employed. AKG employs a total of 1,000 people in Hofgeismar.
Eurofound (2013), Autokühler, Internal restructuring in Germany, factsheet number 75903, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75903.
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