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.
Novacare, a firm that produces disposables nappies, has announced that it is to cut 189 jobs at its site in Laval-sur-Vologne. 580 are employed at the Laval-sur-Vologne plant, and the job losses will be implemented during 2008. Trade unions at the firm have requested technical experts to check the ‘viability’ of the restructuring plan. Novacare is a part of the U.S. owned Mattlin Patterson group.
Eurofound (2007), Novacare, Internal restructuring in France, factsheet number 66062, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66062.