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 car manufacturer Opel is to create around 425 jobs in Rüsselsheim within 2015. This is the result of negotiations between works council and management. Currently, around 14,000 people work in Rüsselsheim, half of them in the company's centre for development. According to the company this is the most modern plant in charge of constructing several Opel models.
Opel has suffered from years of decreasing turnover but is now starting to recuperate. In Eisenach, 300 jobs will be created in the centre for technical development and 125 jobs will be generated in the construction of tools and prototypes. The job creation is also due to a decrease in outsourcing of orders to other companies.
At the same time, Opel employees organised a warning strike in Rüsselsheim calling for an increase of wages of 5.5% and more working time felxibility with a view to partial retirement and part-time work in combination with continued education and training.
Over the past years, Opel underwent restructuring on several occassions, starting with the dismissal of around 9,000 people in a range of EU countries in 2010, a further reduction of 3,400 jobs in 2011 and several measures in 2012 and 2013 (see FS 08/2012, FS 10/2012, and FS 08/2013). The company’s plant in Bochum is going to be shut down by the end of 2015 (see FS 10/2014). Now it seems that after 15 years of restructuring the company is recuperating. In November 2014, Opel has already announced to create 400 jobs in Eisenach in November (see FS 11/2014),
Eurofound (2015), Opel, Business expansion in Germany, factsheet number 78252, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/78252.
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