The main focus of this dissertation are strategies to cope with a crisis without reductions of staff outside as well as within insolvency proceedings in the version valid since the coming into effect of the IRÄG 2010.The first chapter of this paper consists of a description of selected labour law related strategies outside of insolvency proceedings with all of its requirements, risks, problems and impacts on the economic position of the company as well as on the employees. It also includes particular ?time-pillow-measures?, measures of flexible working hours, measures of reductions in working hours, measures of payment-constitutions and agreements of maternity leave and suspensions. So the risks, which are associated with reductions in staff (loss of know-how) can be avoided on the one hand and on the other hand costs can be saved and thus money can be used more effectively.The second chapter deals with strategies of coping with a crisis in the context of the insolvency proceedings. In this connection, the impacts on industrial relations should be specifically highlighted. My purpose is to make clear, that a financial restructuring is also possible via insolvency law and that it is also possible to delete the stigmatisation, which is associated with the disclosure of an insolvency proceeding. In the majority of cases a reconstruction is not possible without any reductions in staff, so the specific possibilities of dissolution for the participants under § 25 IO will be discussed because they can add something to ensure collective industrial relations. Moreover, the ?transmitting reconstruction? can be helpful to maintain the majority of jobs, so I will go into detail about the specific requirements and the impacts on employees. Finally, special attention is given to the utilisation of § 3 Abs 2 AVRAG in the version valid since the coming into effect of the IRÄG 2010 and its conformity to the law of the European Union.