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 8 January, the aircraft manufacturer Airbus announced the reduction of 1,000 temporary agency jobs at its Hamburg plant.
The temporary jobs were created when Airbus suffered from technological problems producing the airplane A380. After finishing the 6,000th airplane, management confirmed the return of 1,000 agency workers to their agencies. According to the company, this measure is a signal that technical problems have been solved. The temporary workers were paid the same wages as permanent staff but will earn considerably less when returning to their agencies.
Airbus currently employs 5,000 temporary agency workers and 12,000 regular employees in its Hamburg plant.
Eurofound (2010), Airbus, Internal restructuring in Germany, factsheet number 70078, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70078.