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.
FM logistic is a company dealing with the supply chain of its clients. At a meeting with the Works Council on April16th, it announced a restructuring plan which will cut 140 jobs in Woippy (Moselle), where some 600 workers are employed.
The announcement follows the decision of an important client (Hewlett-Packard) to relocate activities to Asia.
Eurofound (2008), FM Logistic, Internal restructuring in France, factsheet number 66625, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66625.