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.
Siltronic, the German manufacturer of silicon wafers, is planning to cut around 300 jobs in the field of administration in Germany. In particular, the company's site in Burghausen is expected to be affected. The reason for the plans is that there has been a sharp decline in business on the semiconductor markets. The company claims its will to avoid redundancies if possible.
Eurofound (2004), Siltronic, Internal restructuring in Germany, factsheet number 60812, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60812.