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.
157 jobs are to be shed at the Braun Oral B manufacturing plant in Carlow. The news was tempered by the fact that the redundancies will not be implemented until February 2007 and an attractive severance package is to be available. The development was, nevertheless, seen as a significant blow for the local economy, already hit by the closure of the Irish Sugar plant and job cuts at employers including Celtic Linen and Lapple. The company, a manufacturer of personal care products, has decided to transfer its dental floss line to a plant in Mexico, which would result in the loss of 97 permanent and 60 temporary jobs from the Carlow factory, which currently employs 500. The redundancy package was significantly better than the one which applied when the company made 255 staff redundant in 2003. The new package comprises six weeks' pay per year of service, in addition to statutory terms, while no ceiling is to be placed on the payouts. A ceiling of two years' salary had applied on the previous occasion. At one time almost 1,500 people were employed at the plant.
Eurofound (2006), Braun Oral B, Offshoring/Delocalisation in Ireland, factsheet number 64101, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64101.
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