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 22 February 2017, fashion retailer C&A announced to cut 160 jobs in Düsseldorf, Germany. The affected jobs are placed in the administration department of C&A in Düsseldorf. Negotiations with the works’ council will start shortly.
These job cut form part of a restructuring plan. Further 70 jobs will be cut at the European headquarter in Vilvoorde, Belgium. The company seeks create leaner structures in order to become more flexible and reduce its costs.
At the moment, C&A employs about 1,400 administration staff in Germany.
Eurofound (2017), C&A, Internal restructuring in Germany, factsheet number 90484, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/90484.
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