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 announed on 19 November 2025, steel company Schmidt+Clemens plans to cut 100 jobs at its Lindlar site (North Rhine-Westphalia).
The company is consolidating production lines and ending around-the-clock operations. The goal is to maintain competitiveness and improve efficiency.
A social plan has been negotiated with trade union IG Metall, which includes a transfer company for younger employees and early retirement options for older employees.
The Lindlar site employs 650 people, while the company has around 1,100 employees worldwide.
Eurofound (2025), Schmidt+Clemens, Internal restructuring in Germany, factsheet number 203759, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203759.
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