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.
Calsonic Kansei, a manufacturer of car parts, has announced that it is to cut 175 jobs at its factories on Wearside. 93 jobs will be lost at Sunderland and a further 82 jobs will be lost at Washington. The company has been affected by the reduction in demand for cars. As of 15 February 2009 it is not known when these jobs will be cut, or how many jobs will remain at each site.
Eurofound (2009), Calsonic Kansei, Internal restructuring in United Kingdom, factsheet number 68177, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68177.