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.
Pilz, a German automation specialist, officially announced 137 job cuts in Germany. The staff was already informed about the measure in February and the job cuts are expected to be implemented over the next years. So far, the company did not disclose which specific locations in Germany will be affected by the redundancies.
The management explained that the decision was due to the continuing weak economic situation in Germany and Europe, as well as low sales. The company emphasised that job reductions will be carried out in a socially responsible manner. Pilz intends to avoid compulsory redundancies.
Pilz is a family-owned business headquartered in Ostfildern. It employs 2,504 people worldwide, including 1,179 employees in Germany. According to its own accounts, this is the company's first restructuring measure in its history. The company had previously transferred some of its staff to short-term contracts in order to restructure and avoid job cuts, but was unsuccessful.
Eurofound (2026), Pilz, Internal restructuring in Germany, factsheet number 204551, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204551.