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.
TON , a Czech furniture manufacturer based in Bystřice pod Hostýnem, has announced that it is to cut 170 out of a total of 1,200 jobs due to the decline of customer orders accentuated by the global financial crisis. As of December 2008, there is no information on when the job cuts are to be implemented by.
Eurofound (2008), TON, Internal restructuring in Czechia, factsheet number 67535, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67535.