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 15 November 2012 construction group BAM (24,000 employees) announced it is running a restructuring operation which will result in the loss of 650 jobs in the Netherlands before the end of 2012.
Background is the crisis in the housing market, due to the economic crisis and insecurity about developments in mortgage regulations.
Eurofound (2012), BAM, Internal restructuring in Netherlands, factsheet number 74617, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74617.