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 large Danish shipowner A. P. Møller-Maersk has announced that it is to cut 100 jobs at the headquarters in Copenhagen as part of a restructuring plan. Maersk will split the headquarters into two units, a Corporate Centre and Service functions. The reorganisation will be completed by the end of January 2009 and it is expected that 730 employees will remain at the headquarters. During the next weeks the management and the empoyees' representatives will discuss a plan for the redundancies including possible compensations.
Eurofound (2009), A. P. Møller-Mærsk, Internal restructuring in Denmark, factsheet number 67770, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67770.