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.
Arcelor, iron and steel European group, has announced 1,000 redundancies in Luxembourg, out of its 7,500 strong workforce in the region. There will be no direct dismissal: they will resort to natural leaves, pre-retirements and outplacements.
Eurofound (2004), Arcelor, Internal restructuring in Luxembourg, factsheet number 60309, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60309.