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 4 December 2020, the German railway operator Deutsche Bahn (DB) will be recruiting approximately 18,000 workers in 2021. According to the results of negotiations between unions and the company, the net job creation is 2,000 new jobs. The management and the trade union EVG agreed on this number. Jobs will be mainly created in railway specific areas such as train staff and maintenance staff. This announcement comes shortly after DB announced that it created 25,000 new jobs in 2020 (5,000 net new jobs). Those jobs included train drivers, engineers, IT experts, maintenance staff and electricians.
After a successful job creation programme in 2020, DB intends to continue the programme throughout 2021 and 2022 with a minimum of 18,000 created jobs per year.
DB has 211,000 employees in Germany.
Eurofound (2020), Deutsche Bahn, Business expansion in Germany, factsheet number 102914, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102914.
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