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.
Kampa AG, a firm that specializes in the construction of detached housing, is to cut 200 jobs. The job losses are a response to the poor recent financial performance of the firm, which recently revised its sales forecast for 2007 from 175 million EUR to 160 million EUR. The firm’s poor performance is partly attributable to the decision of the Federal German Government to cut subsidies to firms constructing homes from January 2006, and companies across the German construction sector have reported poor sales as a result of this decision. Full details of the job losses have not yet been disclosed, and will be discussed by managers and work councils at individual Kampa sites in the near future. The job losses are likely to affect the firm's sites across Germany.
Sources
17 August 2007: Handelsblatt
Citation
Eurofound (2007), Kampa AG, Internal restructuring in Germany, factsheet number 65701, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65701.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...