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.
Organon, a pharmaceutical company, announced on 24 June 2008 that it is to cut 150 jobs in the Netherlands. The restructuring will mainly affect jobs in IT, sales and communication. Forced dismissals are not ruled out. The company announced in February 2008 a first wave of job losses after the take-over of Organon by Schering-Plough. The company expects yet more dismissals in the future.
Eurofound (2008), Organon, Merger/Acquisition in Netherlands, factsheet number 66790, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66790.