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.
Germany, Spain, France, Turkey, United Kingdom, India, United States
Sector
Manufacturing (28) Manufacture of machinery and equipment 28.9 - Manufacture of other special-purpose machinery 28.99 - Manufacture of other special-purpose machinery n.e.c.
1,000 jobs Number of planned job losses
Announcement Date
12 May 2026
Employment effect (start)
12 May 2026
Foreseen end date
30 June 2029
Description
Carl Zeiss Meditec, a German specialist in ophthalmology and microsurgery technologies, announced that it will cut up to 1,000 jobs worldwide by the fiscal year 2028/29. The company’s workforce will be reduced as part of an austerity plan aimed at improving profitability and positioning for long-term competitiveness. They have facilities in Germany, the United States, Spain, France, Turkey and the United Kingdom, also R&D centers in China and India.
The restructuring is driven by a need to streamline operations, shed low-margin products, and shift certain activities toward low-cost countries while strengthening production in China – a partial offshoring element that signals a strategic cost-efficiency move.
Citation
Eurofound (2026), Carl Zeiss Meditec, Internal restructuring in World, factsheet number 300663, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300663.
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