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.
As announced on October 23, 2012 German game developer Bigpoint will cut 80 jobs at its site in Hamburg (Germany). This is due to an industry crisis and declining turnover.
Bigpoint is specialized in browser games and sells virtual goods. In total, Bigpoint employs about 800 people in Hamburg. US sites, such as San Francisco, are also affected. 40 jobs will be cut.
Eurofound (2012), Bigpoint, Internal restructuring in Germany, factsheet number 74379, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74379.