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.
Machinery manufacturer Oystar is to cut 200 jobs in Germany. The job reduction is due to a forecasted reduction in sales by 13% in 2010. As of 22 December 2009, there is no information about when the job losses will be implemented and what sites will be affected. Oystar employs 2500 people worldwide.
Eurofound (2009), Oystar, Internal restructuring in Germany, factsheet number 70017, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70017.