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 construction and property development company NCC is cutting 300 jobs in Finland. The job losses are attributed to the financial crisis and the recession which has considerably weakened the housing market. According to NCC, the company is cutting 100 clerical jobs and some 200 other jobs.
Negotiations with trade unions are expected to be finished by the end of the year 2008 and restructuring measures are to be implemented in the first half of 2009.
NCC employs some 3,000 workers in Finland.
Eurofound (2008), NCC, Internal restructuring in Finland, factsheet number 68240, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68240.
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