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 15 April 2010, the American manufacturer of intimate apparel and underwear DBApparel (8300 employees worldwide), owner of the best known brands DIM, Playtex or Wonderbra, announced to cut up to 333 jobs across the EU, mainly in France (142) by Playtex which has been harshly hit by the crisis losing 7 million euro in 2009, according to the management. The company had already cut 900 jobs in the EU in 2006.
The company currently employs 8300 people worldwide. As of April 2010, there is no information on the number employed in Europe.
Eurofound (2010), DBApparel, Internal restructuring in European Union, factsheet number 70460, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70460.