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.
LMC Caravan, a German caravan manufacturer, has announced the reduction of 106 jobs at its Sassenberg facility. A total of 88 employees will leave the company on 31 July 2026, with the remaining 18 departing on 31 January 2027.
The company is undergoing an internal restructuring prompted by a severe industry downturn, necessitating significant cost reductions. The redundancies form part of a broader cost-saving programme, and the spare parts warehouse and warranty processing will be outsourced.
The company emphasises that the job cuts will be implemented in a socially responsible manner. Accordingly, affected employees will have the option to transfer to a transfer company, undertake further training, and receive support in finding new employment.
LMC Caravan currently employs around 850 people prior to the job cuts.
Eurofound (2026), LMC Caravan, Internal restructuring in Germany, factsheet number 300604, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300604.
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