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.
Airbus, Europe's largest producer of commercial and military aircrafts and helicopters, announced it will create 6000 new posts on its production sites worldwide, with 1500 vacancies in Germany, mostly in the areas decarbonisation, digital transformation, and cybertechnology.
After the COVID-19 related crisis in the aviations sector and restructuring measures with the reduction of 10,000 jobs worldwide, Airbus is now investing again and reorganises its production. Airbus and the union IG Metall signed an agreement at the beginning of 2022 with regard to the preservation and further developments of the German sites which guarantees no direct dismissals in Germany until 2030.
Airbus is one of the worlds major producers of aircrafts with 126.000 employees worldwide and a revenue of €52 billion in 2021.
Eurofound (2022), Airbus Deutschland, Business expansion in Germany, factsheet number 106628, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106628.