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.
Defense and aerospace company Airbus Defense & Space is to cut 2211 jobs in Germany. This is to affect the sites in Manching (1010 job cuts), Friedrichshafen (332 job cuts), Ulm (315), Unterschleißheim (249), Bremen (174) and Ottobrunn (131). Aditonally, 1,400 employees will be relocated from Unterschleißheim to Ottobrunn
The plan was announced by the company’s works council after consultations with the management. Previous plans had envisaged the cutting of up to 2600 positions in the country.
Airbus Defense & Space is part of the Airbus group that emerged from EADS in late 2013. At that time, Airbus had also announced that the merger of its subsidiaries Cassidian, Astriam and Airbus Military into Airbus Defense & Space would result in large job cuts in various European countries.
Updated, 21/05/2014: As reported, Airbus plans to cut up to 2,500 jobs in Germany by the end of 2016 but the company has agreed to avoid forced redundancies until January 2017. As announced the restructuring will take place by means of early retirement and internal transfers.
Eurofound (2014), Airbus Defense & Space, Internal restructuring in Germany, factsheet number 76504, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76504.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...
