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 10 July 2017, the US-based Food Corporation Mars Chocolate announced it will cut between 100 and 150 jobs in Viersen, Germany within the following years.
The job cuts are a result of Mars Chocolate's decision to move its German headquarters to Unterhaching. Production will remain in Viersen.
According to the company, negotiations with the works council started already. The background to the decision is the takeover of Wrigley, which is already operating in Unterhaching. By the end of 2017, the two firms are to become one legal entity. The firm is currently working on a new organisational structure and stated to involve the works council closely.
Mars Chocolate employs about 550 staff members in Viersen.
Eurofound (2017), Mars Chocolate, Relocation in Germany, factsheet number 91638, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91638.
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