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 9 December 2024, the printing press manufacturer Heidelberger Druckmaschinen will cut 450 of approximately 4,000 positions at its headquarters in Wiesloch-Walldorf, Baden-Württemberg, in a socially responsible manner.
The company has reached an agreement with the union IG Metall in negotiations on a "future plan to strengthen the competitiveness of the site." For the remaining 3,550 employees, the company is providing a job guarantee until the end of 2028.
These measures could save around 100 million euros in personnel costs.
Eurofound (2024), Heidelberger Druckmaschinen, Internal restructuring in Germany, factsheet number 202090, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/202090.