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.
The German engine supplier company Bosch has announced the dismissal of 90 permanent staff members and about 100 temporary agency workers at its Hallein premises.
The remaining employees are to be confronted with reduced wages. The reason for the restructuring is that the market for large stationary diesel engines, which are produced in Hallein, is not growing as fast as expected.
Eurofound (2013), Bosch, Internal restructuring in Austria, factsheet number 75702, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75702.