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.
Austrian ski and ice hockey equipment manufacturer Fischer Sports has announced that it will cut 150 jobs worldwide.
The restructuring will affect 20 positions at its headquarters in Austria, while 130 are expected to be cut in Ukraine. The move comes as the company is suffering from declining demand in the cross-country and Alpine skiing sectors.
Fischer Sports has been operating since 1924. The company produces Austrian winter sports equipment, specifically Nordic skiing, Alpine skiing and ice hockey equipment. The company employs around 1,300 people at its facilities in Austria and Ukraine.
Eurofound (2024), Fischer Sports, Internal restructuring in World, factsheet number 201025, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201025.