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.
Manufacturing (20 - 21) Manufacture of chemicals and pharmaceuticals 20.6 - Manufacture of man-made fibres 20.60 - Manufacture of man-made fibres
60 jobs Number of planned job losses
Announcement Date
8 June 2026
Employment effect (start)
8 June 2026
Foreseen end date
8 June 2026
Description
Perlon Group, a German group of companies active in the manufacturing of technical textiles and plastics, announced that 450 out of 510 jobs will be saved following its insolvency procedures that managed to secure a new investor. This means around 60 jobs will be lost, mainly at their production site in Bobingen, Bavaria by June 2026.
The cuts form part of a broader insolvency and restructuring process triggered by a decline in demand, as well as rising energy and labour costs.
The company has secured its future under new ownership by Wuxi Yinda Nylon, which intends to invest in modern production technology and further internationalisation.
Perlon employs around 510 people across its sites in Bobingen, Munderkingen, and Wald-Michelbach, meaning the job cuts represent a reduction of approximately 12% of its workforce.
Citation
Eurofound (2026), Perlon, Bankruptcy in Germany, factsheet number 300549, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/300549.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...