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.
As announced on 26 September 2020, the US-based electric car manufacturer Tesla is creating 12,000 jobs in Grünheide just outside Berlin. The so-called Berlin Gigafactory is currently under construction and scheduled to start operation in mid-2021. For approximately 6,000 jobs, job profiles have already been created. To speed up the recruiting process, Tesla is seeking a high-volume recruiter able to recruit a high number of employees in a short time. Tesla is looking for all kinds of new employees (unemployed, lateral entrants, etc) in all sectors, such as warehousing, logistics, engineers, etc.
UPDATED 13/06/2022 As of June 2022 a total of 4,100 to 4,500 staff have been recruited so far, of which around 10% were foreigners, primarily from Poland. Tesla is hiring 500 to 600 people a month at its Grünheide plant and is working with the national employment agency to recruit workers no longer needed at German carmakers. As of June 2022, it is unknown when the recruitment will be completed.
Union representatives have expressed concern that Tesla, by seeking European Company status (SE), will try to circumvent German co-determination norms which are not required in the SE statute as well as industry collective bargaining arrangements.
Tesla intends to produce 500,000 cars annually.
Eurofound (2020), Tesla, Business expansion in Germany, factsheet number 102011, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102011.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
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...
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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...
