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.
Mattel, a toy manufacture, has announced that it is to cut 1,000 jobs (i.e. 3% of its staff worldwide) due to the global financial crisis. Mattel employs about 33,000 people in 43 countries and sells products in more than 150 nations. As of February 2009, there is no information about the exact timeline of the dismissals and the affected locations.
Eurofound (2009), Mattel, Internal restructuring in World, factsheet number 68063, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68063.