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 4 November 2025, the German company JobRad, which specializes in leasing bicycles to companies, plans to cut 20 percent of its roughly 850 jobs. This would affect around 170 employees, working in the core activities of the company.
According to the company, the reasons for this are the difficult economic situation and declining sales figures in the sector after years of booming growth.
Talks with the works council are already underway to make the job cuts as socially responsible as possible. It is currently still unclear whether direct dismissals will occur.
According to the company, it works with more than 7,200 bicycle shops in Germany in relation to leasing.
Updated, 05/03/2026
Fewer people than initially expected are losing their jobs at the bike leasing company JobRad. Following discussions between management and the works council, 107 employees will have to leave the company by 31 December 2026, combining a socially responsible measure with a measure ensuring the company's future stability.
Eurofound (2025), JobRad, Internal restructuring in Germany, factsheet number 203655, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203655.
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