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.
Professional Services Professional Legal And Technical Acconuting Activities Legal And Accounting Activities 69.2 - Accounting, bookkeeping and auditing activities; tax consultancy
180 jobs Number of planned job losses
Announcement Date
5 September 2011
Employment effect (start)
5 September 2011
Foreseen end date
Description
The international audit and consulting company KPMG Europe will relocate 180 jobs from Germany to Czech Republic. Accordingly, standardised internal business processes such as HRM and accounting, most of which are at the moment realised in Berlin, shall be run from the office in Prague. The Company aims to render internal administrative services from few locations as a result of the relocation and thus save resources. Most employees that are at risk of being affected from this restructuting will be transferred to other departments. KPMG group employs a total of 9,000 in Germany and 138,000 worldwide.
Sources
4 September 2011: Tagesspiegel
Citation
Eurofound (2011), KPMG Europe, Relocation in Germany, factsheet number 72328, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72328.
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