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.
Dutch organisation for applied scientific research TNO will cut 350 positions in the course of the coming two years, it was reported on 6 January 2005. The measure is a result of TNO's strategy for a closure of 15 institutes and a focus of the organisation's activities on five core areas.
TNO reduced the number of positions by 150 in 2004. The organisation currently has about 5,000 employees. The core areas of TNO are quality of life, defence, security and safety, science and industry, environment and infrastructure, information and communication technology. Famous institutes including TNO Construction, TNO Labour and TNO Nutrition will be closed. The five core area management boards will operate from the headquarters of TNO in Delft, western Netherlands.
Eurofound (2005), TNO, Internal restructuring in Netherlands, factsheet number 61193, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61193.