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.
The Berufsförderungswerk Hamburg, an organisation owned by the city of hamburg and designed to help disabled people reintegrate into the labour market, will cut 50 % of its workforce. Public entities have cut back their budgets for rehabilitation, hence the Berufsförderungswerk's turnover has shrunk dramatically in recent years, making the job losses inevitable.
Sources
30 April 2005: Neues Deutschland
Citation
Eurofound (2005), Berufsförderungswerk Hamburg, Internal restructuring in Germany, factsheet number 61641, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61641.