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.
Goed, a Belgian retail chain of medical and prosthetic products that is part of the wider Christian Mutualities has announced it will be dismissing 300 employees. The company will close 10 out of its 20 stores.
According to the company management, the organisation has been struggling due to several unforeseen circumstances, namely: increasing energy prices, wage indexations as well as growing competition from online retailers.
Eurofound (2023), Goed, Closure in Belgium, factsheet number 108742, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108742.