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.
BE Semiconductor Industries N.V., manufacturer of assembly equipment for the semiconductor industry, announced a restructuring of its operations. The measures will focus principally on a workforce reduction at the Dutch packaging and tooling manufacturing operations of Duiven and Brunssum. 81 employees, approximately 10% of total headcount worldwide will lose their job as part of a plan to address the current downturn in the semiconductor industry. In addition, Besi will phase out the use of approximately 50 temporary workers at the Duiven facility. A part of the restructuring will be the closing of Besi's tooling facility in Brunssum, in the first half of 2005. The personnel terminations are expected to occur in the first quarter of 2005.
Eurofound (2004), BE Semiconductor Industries BESI, Internal restructuring in Netherlands, factsheet number 60948, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60948.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
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