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.
Thyssenkrupp Polysius, a German manufacturer of cement plant equipment, announced the reduction of 430 positions at its Beckum site.
Changing requirements of industrial customers are the reason for the restructuring. The company is strengthening its focus on the longevity of the equipment it manufactures, its modernization, and the replacement of spare parts. The Company is shifting towards sustainable process technologies.
The number of employees will fall below 200 following plans to implement reductions gradually over an extended period and use settlement agreements together with natural attrition.
The IG Metall had first criticized the reduction. It called for a transparent process and solutions to safeguard jobs. Later, the company, the IG Metall and the works council engaged in negotiations that culminated in an interest-settlement plan, mitigating job losses for many employees.
The reduction only applies to the site in Beckum and operational continuity is maintained in Beckum.
This restructuring follows two reductions that culminated in the loss of 300 jobs at the Beckum site in 2024: Thyssenkrupp Polysius 2024 - DE.
Eurofound (2026), Thyssenkrupp Polysius, Internal restructuring in Germany, factsheet number 301139, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/301139.
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