When the COVID-19 pandemic emerged as a serious challenge for corporations at the start of 2020, it seemed as if the business environment could hardly be more volatile. Yet nearly three years later, COVID-19 is still present, and serious geopolitical tensions with massive economic implications are contributing to even greater volatility.
This environment is already driving several German companies to consider or initiate fundamental restructurings with experts anticipating many more to come. But unlike previous eras, affected companies may find the process for reaching financial and operational stability more complex and unpredictable. Thats because a multitude of crises combined with ongoing issues from before the pandemic are creatin…
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