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 24 May 2010, Lohr Industrie (2000 employees worldwide), a French manufacturer and designer of truck trailers, trolleys on wheels and rail transport systems, announced that it is to cut up to 150 jobs.
After 98 redudancies in 2008, the work council was informed about a new reorganisation plan involving 150 jobs in the main group plant in Duppigheim, near Strasbourg. The management explained this decision on the grounds of the collapse of sales of cars-trailers. The collapse has been amplified by the economic crisis. Another factor is the delay in the development of new products.
Eurofound (2010), Lohr Industrie, Internal restructuring in France, factsheet number 70604, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70604.