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 engineering company Boewe Systec is to cut up to 93 jobs by the end of 2013. 55 of them have already been given notice.
Affected employees will be compensated and will get the opportunity to be employed in a transfer agency.
The company currently employs more than 400 people.
Eurofound (2013), Boewe Systec, Internal restructuring in Germany, factsheet number 76300, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76300.
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