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 2 March 2016, German technology provider Bosch announced to create some 2,100 new jobs during 2016. The company is mostly looking to recruit software and IT specialists. This job creation is part of its global growth programme with the aim of keeping up with technological changes, most of all the “internet of things”. Apart from Germany, new jobs will also be created in China (2,100) and India (3,500). With regard to German sites, job creation also takes place due to fluctuation of staff.
This is the second time within a year that Bosch recruits employees in Germany (see 03.2015). Bosch currently employs around 375,000 worldwide. Over 130,000 employees work in Germany. In 2015, the company has generated sales of over €70 billion.
Eurofound (2016), Bosch, Business expansion in Germany, factsheet number 86722, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86722.