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.
Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 27.9 - Manufacture of other electrical equipment 27.9 - Manufacture of other electrical equipment
100 jobs Number of planned job creations
Announcement Date
11 May 2018
Employment effect (start)
11 May 2018
Foreseen end date
Description
The German microelectronics producer Infineon Technologies AG has announced it will open a new development centre in Dresden which will create 100 new jobs this year. The centre will focus on new products and solutions for the automobile industry and artificial intelligence.
In the long-term, Infineon plans to increase the number of employees at the development centre to 250. A timetable for this has not yet been announced.
Currently, Infineon has 37,500 employees worldwide and 2,200 in Dresden.
Sources
11 May 2018: Infineon - Press release
11 May 2018: Sächsiche Zeitung (online)
Citation
Eurofound (2018), Infineon Technologies AG, Business expansion in Germany, factsheet number 94172, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94172.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...