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.
February 2004. Software AG is planning to suppress some 15 % of its workforce in the frame of its reorganisation in Germany. Software AG is employing some 1,140 people in Germany and 2,700 worldwide. Among other measures, the technical assistance will be relocated in India and the research and development department will have to focus more on the integration of different existing systems rather than on the creation of new systems. Negotiations taking place currently are concerning some 164 jobs.
Eurofound (2004), Software AG, Internal restructuring in Germany, factsheet number 58960, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58960.