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.
The American producer of mobile phones, Motorola, is to close its research and development (R&D) centre in Aalborg with the loss of 260 jobs. All redundant workers are engineers.
Motorola employs 650 people in Denmark mainly working at the headquarters in Glostrup, close to Copenhagen. Experts in the sector regret the closure of the R&D centre in Aalborg, because it has been an important contributor to the knowledge society in Denmark.
During the last months Motorola has contacted 100 companies with a view to selling the company, but with no success.
At the beginning of November 2008, Motorola announced the loss of 3,000 jobs worldwide, mainly affecting Germany, UK and France.
Eurofound (2008), Motorola, Closure in Denmark, factsheet number 67614, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67614.