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.
Travel agent Ebookers yesterday cut 15% of its workforce, closing 10 shops across Europe and reducing back office staff in India as part of its drive to move more operations on to the internet.
The company, which yesterday announced its second consecutive quarterly profit, is cutting 270 jobs including 70 positions in New Delhi. It hopes the move, which will affect its ebookers, Travelbag and Bridge The World stores, will save £2.5m this year.
Eurofound (2004), Ebookers, Internal restructuring in World, factsheet number 60334, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60334.