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.
According to the employees' representatives, 100 jobs had to be shed in the frame of a restructuring plan. On May 27 2003, management announced some measures to improve competitivity, among which the suppression of 32 full-time jobs.
December 2003. Until the end of 2004, 60 jobs have to be shed above the ones already announced in the frame of the cost-reducing programme but also as a response to the market situation.
Eurofound (2003), UTA Telekom, Internal restructuring in Austria, factsheet number 58861, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58861.