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.
KLM is an international airline operating world-wide. Its home base is Amsterdam Schiphol Airport. Due to the crisis in the sector some 4,500 jobs have to be suppressed.
In September 2003, the merger with Air France will lead to 500 job suppression (there are no direct dismissals foreseen, only retirements and non replacements) above the 4,500 announced earlier.
Eurofound (2003), KLM Royal Dutch Airlines, Internal restructuring in Netherlands, factsheet number 60080, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60080.