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 11 June 2021, the German division of Austrian furniture retailer XXXLutz will be hiring 1,000 new trainee recruits in 2021. XXXLutz is hiring in 15 different departments all over Germany - among others in sales, administration, online retail, storage and restaurant. Over the last decade, XXXLutz has hired thousands of young trainee recruits and intends to continue this strategy despite challenging times caused by COVID-19. Due to the COVID-19 related lockdown, XXXLutz optimised and digitalised many of its courses.
XXXLutz has currently approximately 11,000 employees in Germany.
Eurofound (2021), XXXLutz, Business expansion in Germany, factsheet number 104970, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/104970.