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.
Multinational promotional products manufacturer National Pen will lay off 100 people, due to the closure of the company’s ‘Fulfilment Operations Centre’ in Dundalk, Co. Louth. The redundancies will begin in January 2023. National Pen plans to move the fulfilment of European orders to a facility in the Czech Republic in order to ensure faster delivery to its core customer base across mainland Europe. The American group's international headquarters and contact centre in Dundalk where 240 people are employed will not be affected. National Pen stated that it will offer an attractive redundancy package.
National Pen is a multinational company mainly operating in the United States, Europe and Canada. A previous announcement was recorded on the ERM database in 2020, with 176 job cuts.
Eurofound (2022), National Pen, Offshoring/Delocalisation in Ireland, factsheet number 106141, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/106141.
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