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.
On 31 March 2009, telecom group KPN annouced that it is to cut 1,400 jobs at its software and consultancy subsidiary Getronics. Getronics itself will lose 950 jobs (of which 700 in the Netherlands). The remainder job losses will affect posted workers. For the unions, the announcements was a unpleasant surprise. Only one and a half week earlier, a social plan had been agreed.
Eurofound (2009), Getronics, Internal restructuring in European Union, factsheet number 68722, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68722.