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.
Hundreds of employees at car maker NedCar in Born, southern Netherlands are threatened with layoff, due to the lower number of orders, a spokeswoman of NedCar said on September 17, 2004. According to the company's spokeswoman, NedCar considers to reduce the company's schedule to two shifts from the current three-shift schedule, due to the decreasing orders. NedCar's part-time workers will be most affected by the programme, the spokesperson said. NedCar has informed the Dutch trade unions about its reorganisation plans. NedCar employs some 4,800.
Eurofound (2004), Nedcar, Internal restructuring in Netherlands, factsheet number 60569, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60569.