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.
Wolters Kluwer wants to improve its cost base with sustainable cost reductions of 240 million euros from 2003 to 2006. These cost savings will be realised by restructuring operations, streamlining back-office functions, developing shared services, and consolidating real estate holdings. Wolters Kluwer also will standardise technology platforms, consolidate data centres, and increase its cost flexibility with offshore development and IT outsourcing. 1,600 jobs will be affected worldwide.
Eurofound (2003), Wolters Kluwer, Internal restructuring in World, factsheet number 59750, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59750.