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.
Jelgavas nekustamā īpašuma pārvalde, a property management company based in Jelgava, Latvia, collectively dismissed 112 employees in May and June 2024 following the elimination of caretaker and cleaning positions. The restructuring followed a review of operational efficiency and involved outsourcing residential building cleaning services to SIA KULK from 1 June 2024 through a public procurement process.
The company cited insufficient workloads to provide full-time employment for several caretakers, resulting in low earnings and additional minimum social insurance contributions payable by the employer. It also highlighted difficulties in supervising cleaning quality, as establishing a dedicated oversight unit was considered economically and organisationally inefficient. Outsourcing was intended to allow the company to focus on property management while using specialist cleaning providers.
Eurofound (2024), Jelgavas nekustamā īpašuma pārvalde, Outsourcing in Latvia, factsheet number 301083, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/301083.
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