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.
The German company FJH, which manufactures computer software for the financial services industry, is planning to reduce costs, following a feel in its turnover for the first nine months of this year. In order to reduce costs, FJH is to cut 300 jobs and bring the total number of employees down to 750 by the end of the year.
Eurofound (2004), FJH, Internal restructuring in Germany, factsheet number 60811, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60811.