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.
NETg, an e-learning operation in Limerick that employs 173 people, will close in March 2004 as part of a global restructuring measure. NETg is part of the Thomson Corporation, a US multinational information provider. NETg employs about 750 people in the US, Britain and Ireland in total.
Thomson, which owns about 200 subsidiaries, has other operations in the Republic, including another two in Limerick, which between them employ 240 people. It has publishing operations in Dublin that employ about 100 people.
The jobs in NETg's plant in Limerick are at the higher end of the skills spectrum, according to IDA Ireland.
Eurofound (2003), NETg, Closure in Ireland, factsheet number 59392, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59392.