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.
IKEA, a Swedish furniture retailer, announced that up to 20 percent of the positions at its City store on Große Bergstraße in the Altona district of Hamburg will be eliminated.
The company said the restructuring is part of an adjustment to the organisation and staffing structure at the Hamburg location.
The changes are also part of a downsizing of the store, with some of the retail space being handed over to another retailer.
The company employs around 300 people at its Hamburg-Altona location.
Eurofound (2026), Ikea, Internal restructuring in Germany, factsheet number 301300, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/301300.
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