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.
ING Bank France, subsidiary of ING group, announced a social plan running since the beginning of the year. Management announced that from 800 employees, ING Bank will be running with 660 at the beginning of 2004. Moreover, 19 ING Securities agencies have been closed in France. The announced cost of the social plan is EUR 15 million.
Eurofound (2003), ING, Internal restructuring in France, factsheet number 59317, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59317.