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.
The German producer of heavy utility vehicles, MAN, has made 100 temporary agency workers redundant at its production site in Steyr, Austria. The restructuring is due to strong fluctuations experienced in the order demand. Furthermore, the company has agreed on closing days and shifts off with the works council for the second half of 2011. In the first half of 2011, around 200 temporary agency workers were hired due to personnel shortages which were caused by boosting demand in orders.
Eurofound (2011), MAN, Internal restructuring in Austria, factsheet number 72357, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72357.