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.
Flextronics, a provider of electronic manufacturing services, has announced that it is to cut 75 new jobs at its production site in Östersund by the end of April 2008. The factory affected by the restructuring manufactures electrical nodes for telecom nets and currently employs 300. The reason for the job cuts is a decrease in incoming orders. The company described the measure as a way of preparing for the future in a business with varying demands and high level of innovation.
Eurofound (2007), Flextronics, Internal restructuring in Sweden, factsheet number 66156, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66156.