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.
AAA Auto, one of the largest used car dealers in Europe, has announced 700 job cuts (out of a total of 2,000) across the Czech Republic by the end of 2008. The job cuts are attributed to the decline of car sales resulting in the financial loss of CZK 200 million in 2008.
Eurofound (2008), AAA Auto, Internal restructuring in Czechia, factsheet number 67532, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67532.