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.
Delphi announced on 31 January 2006 a restructuring programme. On 6 October 2006, US car parts manufacturer Delphi announced that Delphi Douai is to cut 330 jobs by the end of 2007 at its site in Douai in the north of France. A spokesperson confirmed that production at the site would be shut down in two stages, in April and August 2007. Management explained that the decision was down to a fall in demand for compressors and tough competition. Delphi will work on ways to re-industrialise the site. Trade union explained that the negotiations will be mainly over the amount of redundancy pay.
Eurofound (2006), Delphi, Closure in France, factsheet number 64203, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64203.