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.
On 10 December 2016, German mobile communications manufacturer Kathrein announced 160 job cuts in Rosenheim as the company seeks to optimise its cost and organisational structure. At the same time, the company also seeks to access new markets abroad and to branch out into new business fields.The job cuts will be implemented within the following months.
These plans are in addition to 300 jobs cuts at the company's headquarters in Rosenheim, first announced in September 2015, and the closure in Nördlingen (Kathrein, 2015).
Kathrein was founded in 1919 and is headquartered in Rosenheim. Currently, about 9,000 employees are working for Kathrein worldwide.
Update:
On 4 May 2017, Kathrein announced that the figure of the planned 160 job cuts will be increased to 280 but the company ruled out compulsory redundancies. Kathrein wants to implement the job cuts through a voluntary programme. Besides Rosenheim the nearby site in Rohrdorf is also affected by the job reduction measures.
Eurofound (2016), Kathrein, Internal restructuring in Germany, factsheet number 89436, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/89436.
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...
