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.
Ceset, a manufacturer of electric motors for household appliances which is part of the US-based multinational Emerson Electric, announced 86 redundancies (81 blue-collar workers and 5 white-collar workers). The company management maintain that the employment reduction was made necessary by a reduction in production volumes. The production of motors for dishwashers will be discontinued, whereas the production for washing machines will be reduced. The unions supports alternative solutions to avoid redundancies, such as a general reduction in working hours liked to recourse to so-called "solidarity contracts".
Eurofound (2006), Ceset, Internal restructuring in Italy, factsheet number 63086, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63086.