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.
In the frame of its costs cutting programme, Agfa will suppress some 200 jobs in Leverkusen. Agfa explains this measure by the weakening demand for films and film products. Agfa had a workforce of 19,341 employees worldwide (full time equivalent permanent employees on December 31, 2002) and about 5,100 in Germany (December 21, 2001).
In August 2003, some 600 jobs more will be suppressed in Germany above the 200 already announced.
Eurofound (2003), Agfa-Gevaert, Internal restructuring in Germany, factsheet number 59840, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59840.