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 71 - Architectural and engineering activities; technical testing and analysis 71.1 - Architectural and engineering activities and related technical consultancy 71.12 - Engineering activities and related technical consultancy
600 jobs Number of planned job creations
Announcement Date
13 October 2012
Employment effect (start)
13 October 2012
Foreseen end date
31 December 2012
Description
As reported on October 13, 2012, engineering service provider Ferchau will create 600 jobs until the end of 2012. This is due to business expansion.
Ferchau, essentially an outsourcing provider for the engineering industry, benefits from the current crisis offering greater flexibility regarding personnel. Ferchau has already created 200 jobs in the first half of 2012 and currently has a workforce of 5,200.
Sources
13 October 2012: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2012), Ferchau Engineering, Business expansion in Germany, factsheet number 74336, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74336.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...