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 steel producer Outkumpu plans to cut 300 jobs in Sweden. The company's units Avesta and Torshälla will be the most affected with respectively 125 and 140 jobs being scrapped. Other plants will also contribute to the cost-cutting plan with staff reduction of between 10 and 20 employees. In Sweden, Outokumpu has about 3,000 employees working in the production of stainless steel.
Eurofound (2005), Outokumpu, Internal restructuring in Sweden, factsheet number 62536, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62536.