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.
ADO Icarus, a large non-profit organisation that facilitates independent living for disabled people has announced the dismissal of 50 employees. Trade union officials state the main reason behind the dismissals are the reorganisations in the health care sector. Especially the introduction of a new financing system that has led to a drastic limitation of the available budget. It is possible more jobs will be lost in the future because of the measure. Trade unions state they will try to negotiate and reduce the amount of jobs lost with the management.
Eurofound (2017), ADO Icarus, Internal restructuring in Belgium, factsheet number 90380, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90380.