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.
Unilever, a multi-national group that produces a range of domestic, hygiene, and food products, is to cut 20,000 jobs worldwide. 12,000 of these job losses are to based in Europe, and the group is to close 50 of the 300 plants it operates in Europe. The plan set out by the group covers from October 2007 to October 2010. In late July 2007, the group is due to meet trade unions in order to discuss the social consequences of the restructuring. Unilever employs 179,000 in 100 countries worldwide. Within Europe, it employs approximately 44,000.
Eurofound (2007), Unilever, Internal restructuring in World, factsheet number 65788, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65788.