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.
Ford, American car manufacturer with many sites in Germany, announced to create 700 new jobs (including 500 engineer posts) in Germany within the upcoming 12 months. Additionally, the management communicated that the factory in Cologne will be the only production plant building the Ford Fiesta model from September 2012 onwards. This model had previously been built both in Cologne and in Valencia/Spain. Furthermore, Ford's management and its Works Council have contractually agreed on not enforcing direct dismissals in Germany until 2017.
Eurofound (2011), Ford Germany, Business expansion in Germany, factsheet number 72077, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72077.