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.
American car components manufacturer Tyco Electronics has announced the loss of 305 jobs with the delocalisation of production to Hungary and Czech Republic and the closure of its plant in Berga (Barcelona) currently employing 213. Another 69 jobs will be cut in the plant in Montcada (Barcelona) and 23 jobs in the company’s offices in Barcelona. According to some sources another plant in Valls (Spain) may also close but no official announcement has been made yet.
Eurofound (2008), Tyco Electronics, Offshoring/Delocalisation in Spain, factsheet number 67033, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67033.