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.
Saab Automobile, the car manufacturer, is going to cut 204 jobs in Trollhättan (160 manual workers and 44 administrative employees) as a result of the continuing rationalisation efforts being made by the company. 'Effectiveness has improved by 7 to 15% in recent years', said the information director of the company, Christer Nillson. A retirement and severance benefit plan has been defined by the company and presented to the employees.
Eurofound (2006), Saab Automobile, Internal restructuring in Sweden, factsheet number 64553, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64553.