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.
Condor is a charter company operating for Thomas Cook. In the frame of the costs cutting plan of the tour operator, a reduction of the number of planes is planned which involves the suppression of 340 jobs.
Eurofound (2003), Condor, Internal restructuring in Germany, factsheet number 58987, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58987.