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.
Manufacturing (31) Manufacture of furniture 31 - Manufacture of furniture 31 - Manufacture of furniture
500 jobs Number of planned job losses
Announcement Date
13 April 2006
Employment effect (start)
Foreseen end date
Description
Forte, a furniture producer based in Ostrowa Mazowiecka, is laying plans to dismiss some 500 persons over 18 months (out of a total workforce of 3300). These redundancies are caused by declining orders for furniture, by high cost of raw materials, and the resulting need to trim cost.
Sources
13 April 2006: Rzeczpospolita
Citation
Eurofound (2006), Forte, Internal restructuring in Poland, factsheet number 63363, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63363.