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.
Bayer had announced that the global headcount would be reduced by 10,300 over the next four years — including 1,800 positions already eliminated — as part of the current restructuring programs.
1300 job losses worldwide announced in May 2002 until the end of 2003. 4700 job losses worlwide, announced in September 2002 until the end of 2005. In total there will be 15000 job losses over the next five years.
Eurofound (2002), Bayer, Internal restructuring in World, factsheet number 59439, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59439.