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 3 February 2014 Fokker Services (maintenance and repair of aircraft) announced that it will cut 200 jobs. A more general announcement on the need for restructuring had already been made in December 2013 but the number of jobs that will be lost was higher than the unions had expected. The context of this measure is a loss of turnover and a significant disimprovement of financial results. Negotiations on a social plan have started.
Eurofound (2014), Fokker Services, Internal restructuring in Netherlands, factsheet number 76546, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76546.