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.
Brass manufacturing firm Bolton Brass has announced that it is to cut 130 jobs. As of September 2008, there is no information on when the job cuts will be implemented by. The company says that the move is a result of a dramatic downturn in orders and the loss of one of its main accounts. The company is now to switch manufacturing from the UK to China to cut costs.
Eurofound (2008), Bolton Brass, Internal restructuring in United Kingdom, factsheet number 67196, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67196.