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 French manufacturer of chairs has announced that the group will cut 216 jobs in two factories in the north of Paris before the end of December 2006. These two factories employ 636 people. For several months, the sales have fallen whereas the prices of the raw materials have increase. Also, the competition of the manufacturers from Asia and Eastern Europe has consequences on the French market.
Eurofound (2006), Parisot Sièges, Internal restructuring in France, factsheet number 63808, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63808.