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 21 April 2005, GTI, leading provider of technical services in the Netherlands announced that 280 jobs will be cut in the GTI sites in Noord-Brabant (where some 700 people are employed by the company). A social plan will be negotiated in order to help people to find a new job. It is estimated that direct dismissals will affect up to 220 employees. 9,000 people currently work for GTI in the Netherlands. The sites in Eindhoven, Tilburg and Roosendaal will be closed.
Eurofound (2005), GTI, Closure in Netherlands, factsheet number 61546, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61546.