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 9 May 2011, German automobile manufacturer BMW announced to provide 2,000 new jobs in 2011, of which 1,000 jobs will be in Germany. The company also stated that it will continue using temporary workers in order to react flexibly to market fluctuation. Last week BMW had announced their record result for the first quarter of the business year, expecting to hit an all time high in sales in 2011. There is no information about the number of actual employees in the German filiales of the company.
Eurofound (2011), BMW, Business expansion in Germany, factsheet number 71945, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71945.