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.
Levi Strauss announced a worldwide restructuring plan affecting 650 workers in Europe (300) and United-States (350). The measure is due to a drop in the prices of their products. Up to October 2004, 555 employees had lost their job in the European factories of Levi Strauss, 100 in Belgium and 455 in Spain. Levi Strauss had already closed its factories in North America. The now closed Spanish factories, were the company's last factories in Western Europe. In Europe, Levi Strauss still has production sites in Poland, Hungary and Turkey.
Eurofound (2003), Levi Strauss, Internal restructuring in World, factsheet number 59666, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/59666.
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