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 multinational group Hewlett-Packard is planing to reduce its 2,300-strong workforce in Spain by 140 employees. The negotiations are taking place at the Madrid centre in Las Rozas. This measure is part of a worldwide restructuring programme affecting up to 14,500 employees of HP. This initiative will mostly affect back-office activities.
Eurofound (2005), Hewlett-Packard, Internal restructuring in Spain, factsheet number 62300, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62300.