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 19 September 2012 IBM Netherlands announced it will cut 240 permanent jobs, out of a total of 4200 in the Netherlands.
In addition, an estimated few hundred flexworkers will be dismissed. The measure is part of a worldwide restructuring operation. It is reported that a large number of jobs is to be offshored to India. The workers’ unions have been critical of the measure.
Eurofound (2012), IBM, Internal restructuring in Netherlands, factsheet number 74305, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74305.