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 23 July 2020, the German luxury sportswear company Bogner will cut 150 jobs in Germany due to internal restructuring within the next two years. The administration in Munich will be mainly affected by the decision, 80 jobs are to be cut there until mid-2021. Furthermore, Bogner intends to outsource its logistics site in Heimstetten with 70 employees to an external service provider within the next two years. The company had already planned a ‘Performance Programme’ before the COVID-19 crisis. However, the current crisis accelerated the programme’s implementation.
Bogner has 800 employees in Germany.
Eurofound (2020), Bogner, Internal restructuring in Germany, factsheet number 101344, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101344.