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.
Tenneco, a chocolate manufacturer, announced 120 job cuts at its factory in Sint Truiden, Belgium. The company employs about 900 people.The layoffs stem from shrinking margins and yearly falling production that have plagued the Belgian operation for some time.
ACV trade union officials confirmed the news and are preparing to negotiate with management to rescue as many jobs as possible. ACV union representatives and company management are set to meet from September onwards. All 120 positions are slated for termination.
In 2025, approximately 12 employees had already left Tenneco after accepting voluntary severance packages.
Eurofound (2026), Tenneco, Internal restructuring in Belgium, factsheet number 300755, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/300755.
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