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.
On 4 May 2005, the IT services company TietoEnator, announced it is to start cooperation negotiations with the whole personnel. This is due to the present centralisation activities for increased efficiency in TietoEnator's processing and network business. The planned job reductions concern at most 160 people in Finland, Sweden and Central Europe. The reductions are estimated to affect at most 110 employees in Finland, 45 in Sweden and 5 in Central Europe.
Eurofound (2005), TietoEnator, Internal restructuring in European Union, factsheet number 61519, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61519.