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.
Only recently Slovenske železnice (Slovenian Railways) gave an update of a restructuring programme implemented in 2010. On the whole, the company cut 990 jobs through 2010, that is, 236 job cuts in addition to the 754 announced in 2010 (see related factsheet ID 16178). Last year, the total workforce was reduced from 7,728 to 6,738 employees. The job cuts were blamed on the losses that the company has been making for years and the further deterioration of its financial situation due to the crisis.
Eurofound (2011), Slovenske železnice, Internal restructuring in Slovenia, factsheet number 71819, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71819.