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.
Wholesale / Retail 46 - Wholesale trade 46.6 - Wholesale of other machinery, equipment and supplies 46.64 - Wholesale of other machinery and equipment
160 jobs Number of planned job losses
Announcement Date
20 November 2025
Employment effect (start)
20 November 2025
Foreseen end date
15 December 2025
Description
At the production distributor Reiff Technische Produkte, 160 jobs are being cut, 90 of them at the headquarters in Reutlingen. In addition, the sites in Offenburg, Leipzig, and Chemnitz will be closed. The company filed for insolvency in July 2025 and is now being sold to Eriks. The staff reductions follow the concept of the new owner, Eriks, and are intended to avoid duplicate structures. The company cites weak market conditions in mechanical engineering as the reason for the insolvency. It was agreed with the works council that there will be no direct dismissals; instead, employees can transfer to a transition company for 10 months.
Prior to the cuts, Reiff Technische Produkte employed 585 people and supplied about 10,000 companies, including 2,500 major industrial customers.
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.
