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.
Mazda, a Japanese car manufacturer, announced the intention to shed 106 out of 306 positions at Mazda's European headquarters in Leverkusen (Rhineland) by mid-2012. The company has been affected by a decrease in orders over the past four years and has additionally been hit by the Fukushima disaster. Negotiations with the works council have already taken place.
In February, the staff was informed that a 'leaner' structure will be implemented. Sales staff will not be affected.
Eurofound (2012), Mazda Europe, Internal restructuring in Germany, factsheet number 73280, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73280.