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.
South Korean electronics manufaturer LG Electronics Nordic issued redundancy notices to 45 out of 160 employees in Sweden. The company intends to reduce its workforce within the nordic countries by 60 workers in total. LG Electronics Nordic is a subsidarity of the larger group LG Electronics European Holding.
Eurofound (2011), LG Electronics Nordic, Internal restructuring in Sweden, factsheet number 72564, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72564.