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.
As announced on 14. February 2020, the car manufacturer Porsche will add a third shift in the manufacturing process from August 2020, at its plant in Leipzig, which will result in the recruitment of 400 to 500 temporary workers. In August 2019 Porsche discarded its night shift due to low demand in China, which resulted in the loss of a comparable number of jobs. However, due to the high demand for the SUV model Macan, an increase in the workforce is considered inevitable. The night shift will initially be limited to one year, however, the situation will be reevaluated in 2021.
Currently, Porsche has 4,500 employees at its plant in Leipzig.
Eurofound (2020), Porsche, Business expansion in Germany, factsheet number 100062, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/100062.