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.
The Swedish retail company, Clas Ohlson, mainly selling household, media and construction products, has announced plans to cut between 150 and 200 jobs located at the company’s head office and distribution centre in the city of Insjön. According to the company, the job cuts are set out in order to make the organisation more efficient and flexible to meet the demands coming from digitalisation and automation. Negotiations with the union are ongoing and it is yet to be decided if the cuts will be implemented by outsourcing, direct dismissals, relocation or a retirement scheme.
Eurofound (2019), Clas Ohlson, Internal restructuring in Sweden, factsheet number 96731, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/96731.