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 French PSA Peugeot-Citroen car plant based in Trnava is to make redundant 190 employees by the end of 2009. The redundancies are a result of the downturn in the automative industry. The employees to be made redundant are technicians from the project team working on launching the new Citroën model C3 Picasso. According to company representative, the number of redundancies could be lower if the industry were to recover over the course of the year.
Eurofound (2009), PSA Peugeot Citroën, Internal restructuring in Slovakia, factsheet number 68378, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68378.