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.
Abbott Laboratories, American global pharmaceuticals and health care products company, is to make approximately 200 staff redundant at its plant in Clonmel, County Tipperary. It is understood that staff will be made redundant at its vascular manufacturing facility. The management states that the restructuring is necessary in order to remain competitive.
Redundancies are expected to be implemented after a 30-day consultation period. The company hopes to implement the redundancies on a voluntary basis.
Abbott employs 1,400 people in Clonmel.
Eurofound (2013), Abbott Laboratories, Internal restructuring in Ireland, factsheet number 75030, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75030.
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