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.
Professional Services 70 - Activities of head offices and management consultancy 70.2 - Business and other management consultancy activities 70.20 - Business and other management consultancy activities
325 jobs Number of planned job creations
Announcement Date
3 December 2018
Employment effect (start)
1 January 2019
Foreseen end date
31 December 2019
Description
Boston Consulting Group has seen an ongoing business expansion on the German/Austrian market in recent years and has announced plans to hire an additional 750 workers in 2019 on top of its current 2,600 employees in Germany, most of these being consultants. Newspaper FAZ estimates that because of strong fluctuation about half of these new employees will fill existing vacancies; the number of new jobs can thus be expected to be some 325. There is not information of how many of these positions will be located in Frankfurt or elsewhere.
Previous restructuring took place in 2015, when 400 positions were created.
Sources
Citation
Eurofound (2018), Boston Consulting Group, Business expansion in Germany, factsheet number 96321, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/96321.
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...