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 26 May 2017, the US electronics company and IT distributor Ingram Micro Services announced to cut 80 out of 380 jobs at its site in Flensburg, Germany. A transfer of the affected employees into a transfer agency is planned for the end of June 2017. The agency will offer further qualification measures for at least four months. Ingram Micro Services is also offering severance payment, which will go beyond the legal requirements according to the company.
The job cuts are reported to be due to a restructuring of the business division which is responsible for the repair of mobile devices. The new business strategy includes different services like leasing and recycling which will be tailor-made to the needs of the specialist trade partners and industry customers. According to the management, the company is hoping to re-hire some of the affected employees at a later stage again.
Ingram Micro has 9 sites in Germany and is operating within 39 countries.
Eurofound (2017), Ingram Micro Services , Internal restructuring in Germany, factsheet number 91062, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91062.