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.
Atmel, the leading US-based manufacturer of microcontrollers and electronic touch screens, announced the intention to offshore the product testing functions to Asia and to restructure the plant in Heilbronn into a 'competence centre' for its automotive business. In 2007, the company sold its German chip manufacturing operations to Telefunken Semiconductors but back then kept the testing of wafers facility at its Heilbronn plant. By the end of 2013 about 250 persons shall be working in development, testing and marketing departments.
According to an agreement reached with the works council in September 2012, the restructuring will affect 68 jobs - about half of these being in the testing of wafers while the other half being in administrative functions. According to the works council, the social plan stipulates that the affected staff may opt for a job transfer agency or early retirement regulations.
Eurofound (2012), Atmel, Offshoring/Delocalisation in Germany, factsheet number 74112, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74112.