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.
Sadales tīkls, a Latvian electricity distribution network operator, reported a workforce reduction of approximately 900 employees between 2016 and 2022 as part of its ongoing efforts to improve operational efficiency. The reduction accompanied a broader reorganisation of the company and the digitisation of its processes and services.
These changes enabled the operator to streamline its activities and deliver services more efficiently while reducing staffing requirements. The restructuring concerned the company’s operations in Latvia and took place over several years, with workforce reductions forming part of a wider programme of organisational and technological change.
Eurofound (2022), Sadales tīkls, Internal restructuring in Latvia, factsheet number 301072, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/301072.
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