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.
XONAR, a Dutch youthcare organization located in Maastricht, Limburg, announced that it will cut 100 jobs. The job cuts are part of a recovery plan that was adopted to make the organization financially secure. The employees will be directly dismissed and were informed of these upcoming changes at three meetings on 12 December 2022. The next step announced in the recovery plan will be a merger.
Eurofound (2022), XONAR, Internal restructuring in Netherlands, factsheet number 108134, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108134.