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.
Supermarket chain Schuitema announced on 8 September 2008 that it is to cut 140 jobs at its headquarters. Another 175 temporary contracts will not be renewed. Recently, Schuitema was taken over by private equity firm CVC Capital, which sold 58 shops to other firms, followed by the sale of another ten shops, resulting in a 15% loss of turnover.
Eurofound (2008), Schuitema, Internal restructuring in Netherlands, factsheet number 67165, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67165.