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.
JLG, an international manufacturer of access equipment, has announced the closure of its unit in Maasmechelen. In total 200-230 employees are facing dismissal. The dismissals will be performed in two phases. Starting September 2017, 150 employees will be dismissed. In phase 2 starting in 2018 approximately a further 70 workers will lose their jobs. Between 30-40 white collar employees will be transferred to other company units.
Eurofound (2017), JLG, Closure in Belgium, factsheet number 90315, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90315.