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.
(05 - 09) Mining / Quarrying 06 - Extraction of crude petroleum and natural gas 06.1 - Extraction of crude petroleum 06.10 - Extraction of crude petroleum
400 jobs Number of planned job losses
Announcement Date
5 September 2025
Employment effect (start)
21 July 2025
Foreseen end date
1 January 2027
Description
OMV, an Austrian oil and gas company, has announced that up to 400 of its 5,400 Austrian employees could be affected by job reductions as part of its Revo savings and efficiency programme, which also puts around 2,000 of its nearly 23,000 global positions under review, primarily in corporate and administrative units across Austria, Romania, Germany (Burghausen), and Slovakia (Bratislava).
The restructuring is planned to proceed until 2027, targeting administrative and corporate functions, with the goal of streamlining operations; the jobs affected are expected to be mainly permanent, full-time, white-collar positions, though exact figures for layoffs versus natural attrition are not yet confirmed.
Planned measures are intended to be socially responsible, with details on early retirements, dismissals, or reassignments still unclear; no official reductions have yet taken place, and additional impacts may arise for subcontractors or affiliated operations.
The announcement has prompted reactions from social partners and authorities: the union expressed concern over the potential impact on Austria’s economy and strategic energy infrastructure, while the government emphasized that any reductions should be carried out in close consultation with employee representatives.
OMV is a major integrated energy company with global operations, including exploration, production, refining, and corporate services, employing nearly 23,000 staff worldwide, with more than 5,400 in Austria.
Eurofound (2025), OMV, Internal restructuring in Austria, factsheet number 203285, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203285.
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