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.
Media 58 - Publishing activities 58.1 - Publishing of books, newspapers and other publishing activities, except software publishing 58.1 - Publishing of books, newspapers and other publishing activities, except software publishing
350 jobs Number of planned job losses
Announcement Date
23 October 2025
Employment effect (start)
23 October 2025
Foreseen end date
31 December 2027
Description
As announced on 23 October 2025, the German Pressedruck media group, based in Augsburg (Bavaria), plans to cut 350 jobs by the end of 2027 as part of its restructuring program “Aurora”. This corresponds to roughly 10% of its 3,400 employees. The group cites digitalisation and changing market conditions as the main reasons. The restructuring includes streamlining and centralising IT and service departments across all sites into a new unit in Augsburg.
The company intends to involve employee representatives and carry out the job cuts primarily through natural attrition in a socially responsible manner.
Eurofound (2025), Pressedruck, Internal restructuring in Germany, factsheet number 203576, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203576.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
