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 developer of electrical bike motors eBike Performance will close its business resulting in about 350 job cuts in Ottobrunn (Germany) and Zagreb (Croatia).
The closure was announced by mother company Porsche in early May 2026. Apart from the closure of eBike Performance, Porsche also stated to implement further job cuts at other subsidiaries, such as Cellforce (affecting some 50 jobs in Kirchentellinsfurt) and at Cetitec (affecting some 60 jobs in Pforzheim). Porsche indicated that it wants to focus its business on core operations and is moving away from other electric-vehicle initiatives.
At the individual sites, management will hold discussions with the works council on how the job cuts will be implemented.
Previous internal restructurings were recorded in the ERM database in February 2025, with 1,900 job cuts Porsche 2025 - DE.
Eurofound (2026), eBike Performance, Closure in European Union, factsheet number 300345, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300345.
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