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 5 November 2025, tool manufacturer EMAG is cutting 455 jobs in Germany. According to IG Metall, 300 of these positions will affect the headquarters in Salach (Göppingen district). Including the 124 job cuts that took place at the company's headquarter last year this brings the the total job losses up to 579.
The company cites the difficult economic situation and persistently weak demand as reasons for the job cuts. Furthermore, the tariffs imposed by the US were mentioned as market deterrance.
A social plan had already been negotiated with the works council before employees were informed and provides employees to transfer to a transition company. IG Metall criticises not being involved in the negotiations.
EMAGs operations trace back to 1867 and employs around 2,500 people worldwide, including 1,509 in Germany.
Eurofound (2025), EMAG, Internal restructuring in Germany, factsheet number 203658, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203658.
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