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.
On 7 September 2006, one of the leading computer companies, Fujitsu Siemens, announced its intention to cut 300 jobs in Germany within the next year in response to a narrow market and declining sales. In this sense, sales declined by 4% in the second quarter of 2006 compared to 2005. Fujitsu Siemens employs around 6,800 persons worldwide. Information on which departments will be concerned is not available.
Eurofound (2006), Fujitsu Siemens, Internal restructuring in Germany, factsheet number 64047, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64047.