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.
On 25 March 2009, the German technology group Rheinmetall announced to cut 1,000 jobs worldwide by the end of the year. Job cuts will be realised in the automotive branch of the company which employs around 11,200 people worldwide. As of April 2009, there is however no information available on the affected locations.
Eurofound (2009), Rheinmetall, Internal restructuring in World, factsheet number 68653, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68653.