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 6 December 2010, the automotive supplier Allgaier made an announcement to cut 110 jobs at its site in Uhingen by 1 January 2011. In Uhingen 1,240 staff was employed at the end of 2009. Overall the company employed 1,941 employees in 2009. Furthermore the daily Frankfurter Allgemeine Zeitung reported that the firm had run a deficit in 2009.
Eurofound (2010), Allgaier, Internal restructuring in Germany, factsheet number 71285, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71285.