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.
Varta, a German battery manufacturer, announced the shutdown of its button cell production for wireless headphones in Nördlingen, resulting in 350 job losses. The closure will take effect at the end of the year.
The decision follows the withdrawal of its major customer, Apple, that plans to source its batteries from the China in the future. The customer accounted for 98% of the plant’s utilisation, and reflects the challenges facing the industry. The company continues to pursue battery development at a smaller site. Varta emphasizes that it is currently working on a social plan for the affected employees.
Varta employs about 4,200 people worldwide.
Previous restructuring events were recorded in the ERM database in December 2025, with 150 job cuts at the Nördlingen site: Varta 2025 - DE.
Eurofound (2026), Varta, Closure in Germany, factsheet number 300412, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/300412.
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