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.
Dairygold, the Irish Republic's biggest dairy co-operative, is to make 270 people redundant at two of its plants in Cork and Tipperary. It also warned that further job cuts may be necessary if radical restructuring to cut costs is not successful. The job losses will occur at the pig slaughterhouse and boning plant in Mitchelstown and slaughterhouse in Roscrea. The company said the move was part of an ongoing rationalisation programme aimed at returning it to profit. Some 170 jobs will be lost at Mitchelstown when the plant closes at the end of October, and 100 jobs will go in Roscrea when the slaughterhouse closes in September.
Eurofound (2004), Dairygold, Closure in Ireland, factsheet number 60489, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60489.
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