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.
British multinational pharmaceutical company Glaxo Smith Kline (GSK) is about to cut 45 jobs at its plant in Wavre. The company has announced the restructuring to its works council and the Renault procedure has been launched. As of March 2012, there is no indication of when the restructuring will take place.
The internal restructuring will take place at one pharmaceutical department which employs 350.
Eurofound (2012), Glaxo Smith Kline Pharmaceuticals, Internal restructuring in Belgium, factsheet number 73387, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73387.
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