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.
Miele, the manufacturer of household appliances, is planning to cut up to 450 jobs in Germany. The management announced to implement the job cuts though age-related retirement and wants to avoid direct dismissals. These measurements will be implemented within the next years. Miele acitivties will be relocated and the company announced plans for a new plant for washing machines in Poland with 350 new positions. Miele, headquartered in Gütersloh employs about 10,500 staff members in Germany and 19,000 worldwide.
Eurofound (2017), Miele, Offshoring/Delocalisation in Germany, factsheet number 90374, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90374.