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 7 October 2005 the constructor of computer networks Relacom, started codetermination negotiations with the personnel in order to cut 50 jobs. The cuts are carried out due to the hardening competition in the sector.
Eurofound (2005), Relacom, Internal restructuring in Finland, factsheet number 62387, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62387.