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.
AGC, a Belgian architectural glass manufacturer, announced 190 job cuts across Europe, with 103 positions to be eliminated in Belgium. The redundancies will affect the company’s headquarters in Louvain-la-Neuve and its research centre in Gosselies, Charleroi, as well as other sites. The reductions are part of a cost-cutting strategy prompted by a sharp decline in demand for architectural glass and pessimistic forecasts for the next two years.
Eurofound (2026), AGC Glass, Internal restructuring in Belgium, factsheet number 204587, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204587.