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.
Dorma+Kaba, specialised in security and access solutions, announced plans to cut 440 jobs by the end of 2018. According to the company, job cuts have become necessary as the company wants to save costs, streamline its organisation and thus become more competitive. Moreover, production sites are being relocated to the Far East.
The site in Ennepetal will remain the company's German headquarter and competence centre for mechanical and electronic door technology. Activities at the site in Heiligenhaus will be transferred to Bad Berka and Velbert. Redundancies are planned to be carried out as socially acceptable as possible.
The Swiss Kaba Group and the German family business Dorma merged in September 2015 to one of the top three companies in the global market. Dorma+Kaba, headquartered in Zurich (Switzerland), currently employs 16,000 staff worldwide.
Eurofound (2016), Dorma+Kaba, Offshoring/Delocalisation in Germany, factsheet number 87859, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/87859.