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.
During the next three years, 247 jobs will be shed worldwide at Xantic, owned by KPN and the Australian Telstra. Xantic provides telecommunication services by satellite and maritime softwares. This restructuring programme shoul help Xantic to be market leader. The number of jobs lost in the Netherlands is not known yet.
Eurofound (2003), Xantic, Internal restructuring in World, factsheet number 60161, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60161.