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.
Goodyear - Dunlop, the American producer of tyres and rubber products has announced to cut 820 out of 1,400 employees in Amiens, France. The cuts are part of a restructuring strategy to reduce high-cost manufacturing. Serge Lussier, Goodyear's vice president of manufacturing in Europe, Middle East and Africa explained that costs at the plant in Amiens were no longer competitive. The decision is opposed by the trade unions.
Updated, 21/07/2014: As reported, the Amiens plant was closed with a consequent loss of 1,173 jobs.
Eurofound (2009), Goodyear Dunlop, Internal restructuring in France, factsheet number 69073, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69073.