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.
Preh, a German automotive supplier, announced the reduction of 280 jobs at its headquarters in Bad Neustadt an der Saale. The cuts will affect production and product-development staff. Employee were officially informed about this step on 8 December 2025.
The restructuring is driven by the challenging automotive market, high labor and energy costs, and the need to streamline operations.
The company has introduced a voluntary exit programme and a social plan, aiming for socially responsible solutions. The German Metalworkers' Union expressed concern about the impact on the workforce, especially as the company had already introduced a restructuring plan in 2024, resulting in the loss of 420 jobs: Preh 2024 - DE.
Employee numbers at Preh stand at roughly 6,000 worldwide, with the Bad Neustadt site employing about 1,500 staff. Production capacity will remain but will be scaled back; key development activities and core manufacturing will continue at the headquarters in a reduced form.
Eurofound (2025), Preh, Internal restructuring in Germany, factsheet number 300389, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300389.