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.
In June 2026, the Austrian Federal Economic Chamber (WKO), the mandatory employer group encompassing almost all of the private economy in Austria, announced the reduction of around 200 full-time positions in its federal organisation in Vienna. The measure affects about a quarter of the 800 employees and will be implemented by the end of 2027.
The reduction is part of a comprehensive reform that aims to reduce costs for members by 100 million euros per year by 2030. The organisation went through a major crisis in autumn 2025 following controversy over a proposed salary increase. This led to the announcement of broad reforms aimed at reducing costs, streamlining structures, bundling services, and eliminating duplication and inefficiencies. This is intended to relieve the burden on the WKO's treasury in order to make the representation of interests more modern and more closely aligned with the needs of the companies.
The WKO emphasises that the measure will be socially responsible and that apprentices, trainees and sectoral WKO units are exempt from the cut. The implementation is taking place step by step in coordination with the works council, with the consulting firm KPMG supporting the analysis of the structures and the monitoring of the implementation since the beginning of the year.
Eurofound (2026), Wirtschaftskammer Österreich, Internal restructuring in Austria, factsheet number 300536, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300536.