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.
La Perla, one of the Italian leading manufacturers of women’s underwear, is to cut 365 jobs. The job cuts will affect its plant located at Bologna. Currently in this plant La Perla has 743 employees. The job cuts are included in the reorganisation plan that the company has announced at the end of October 2008. The trade unions reacted to the company’s decision by going out on strike. Moreover, the unions want to involve the local authorities to tackle the negative social effects due to the company’s decision.
La Perla is a leading manufacturer of women’s underwear and fashion with subsidiaries in Austria, France, Spain, Germany and the United States. It belongs to the private equity JH Partners.
Eurofound (2008), La Perla, Internal restructuring in Italy, factsheet number 67359, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67359.