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
1,200 jobs Number of planned job creations
Announcement Date
4 December 2012
Employment effect (start)
4 December 2012
Foreseen end date
Description
As announced on December 4, 2012, international consulting company Ernst & Young will create 1,200 jobs in Germany within the next months. This is due to increasing turnover.
Ernst & Young increased its turnover in its sections tax advisory, transactional advisory and advisory services, while the accounting section remained stable. In total, the company employs 7,706 people in Germany, of whom 700 were recruited within the last year. Worldwide employment sums up to 167,000 people.
Sources
7 December 2012: Frankfurter Allgemeine Zeitung
4 December 2012: Ernst & Young
Citation
Eurofound (2012), Ernst & Young, Business expansion in Germany, factsheet number 74640, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74640.
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