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 4th of January the Deutsche Lufthansa AG, which is the Germany's biggest airline, announced their plan to hire around 3,000 workers. The required job positions are mainly for flight attendants. There are around 1,400 available position at the hubs in Frankfurt and Munich but, because the company operates a number of flights from the UAE and the rest of the Middle East, the business expansion is possibly affecting also the UAE.
Lufthansa Technik and Austrian Airlines, are part of the Lufthansa Group airlines and both are recruiting. The first one will hire 450 new staff while the second one 300 cabin, check-in and cockpit staff.
Eurofound (2017), Lufthansa, Business expansion in World, factsheet number 89758, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/89758.
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...
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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...
