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.
At the end of November 2012, Nokia Siemens Networks (NSN) announced to close its Bruchsal site. The closure affects 650 employees who will be made redundant. The latest job cuts follow a bigger restructuring programme, which was initially announced at the beginning of 2012. At that time the telecommunications equipment provider NSN stated to cut 2,900 jobs in Germany (see here).
Talks with employee representatives are to be held.
Eurofound (2012), Nokia Siemens Networks, Closure in Germany, factsheet number 74650, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74650.
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