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.
German battery manufacturer Varta has announced plans to cut 150 jobs at its Nördlingen site in Bavaria. The job cuts will affect positions in administration and production and will take place in the first quarter of 2026.
The company cited lower sales volumes and a decline in revenue and production as the reasons for the downsizing. The goal, according to Varta, is to stabilise the company.
The company stated that the job reductions will be carried out in cooperation with the works council in a socially responsible manner through a social plan and voluntary exit programmes.
Varta currently employs around 4,200 people worldwide.
Eurofound (2025), Varta, Internal restructuring in Germany, factsheet number 203906, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203906.