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.
On 1st January 2016, German airline Lufthansa announced its plans to create approximately 1,850 new jobs in Germany throughout 2016. In total, the company seeks to create 4,000 new jobs across Germany, Switzerland and Austria at Lufthansa and its subsidiaries SWISS, Eurowings, Austrian Airlines and Lufthansa CityLine. In addition, Lufthansa is currently looking to recruit 240 first officers and captains for Eurowings in Germany and Austria (140), Austrian Airlines (100) as well as 150 service employees for Munich airport. Finally, the company also announced to take on apprentices this year, though no definite number on apprenticeship positions was released.
The Lufthansa Group, headquartered in Frankfurt am Main (Germany) operates on a global scale with nearly 500 subsidiaries and associated companies. Lufthansa currently employs around 119,000 employees worldwide.
Eurofound (2016), Lufthansa, Business expansion in Germany, factsheet number 86090, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86090.
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