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 20 November 2008, the car seat manufacturer Keiper announced to cut up to 900 jobs by 2014. The new restructuring scheme is twofold: Firstly, the company reorganises its administration units located close to its headquarter in Kaiserslautern (Rhineland-Palatinate). Secondly, parts of the seat production will be offshored to Poland. The company currently employs around 2,800 employees in Germany.
Eurofound (2008), Keiper, Internal restructuring in Germany, factsheet number 67441, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67441.