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.
Manufacturing (13 - 15) Manufacture of textiles, apparel and leather 13 - Manufacture of textiles 13 - Manufacture of textiles
100 jobs Number of planned job losses
Announcement Date
21 July 2003
Employment effect (start)
1 July 2003
Foreseen end date
1 December 2003
Description
Palmers company is the largest producer of textiles in Austria today. Palmers group employs 1,860 employees and has more than 216 European branches, making it the largest underwear supplier in Europe. More than 100 jobs on the 1,800 should be suppressed in 2003.
Sources
21 July 2003: Der Standard
Citation
Eurofound (2003), Palmers Textil, Internal restructuring in Austria, factsheet number 59515, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59515.