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.
Electrolux, Swedish producer of domestic appliances, is to cut 185 jobs in Italy (out of around 7,500 employees) over the coming two years. The job cuts are thought to mainly affect white-collar workers, while previous reorganization plans had mainly targeted blue-collar workers.
However, details of the restructuring, location of cuts and timeline are not yet known.
In the next months, Electrolux will have a number of meetings with the trade unions in order to add more details to the new reorganisation plan and to find adequate solutions aimed at reducing the negative social effects caused by the layoffs.
Eurofound (2012), Electrolux, Internal restructuring in Italy, factsheet number 73154, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/73154.