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 September 27, 2013, Pfleiderer, producer of wood-based materials, will cut 100 jobs in Germany. This is due to high volatility in demand.
Pfleiderer aims to flexibilize working time by the use of working time accounts and temporary workers. In total, the company employs 2,000 people. Most of the job cuts are to occur by natural fluctuation, but the company could not avoid 40 forced redundancies. Pfleiderer is in negotiation with worker representatives.
For previous restructuring cases see Pfleiderer (2010), Pfleiderer (2010) and Pfleiderer (2009 - World).
Eurofound (2013), Pfleiderer, Internal restructuring in Germany, factsheet number 75957, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75957.
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