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.
Atlas Copco Rock Drills, manufacturer of drilling equipment, mobile crushers and screeners for quarries and open pit mines, has announced a reduction of 160 jobs due to diminishing order flows. The reduction is distributed on 105 blue-collar jobs and 55 white-collar jobs.
The company has 1,900 employees and the reductions are planned to start taking effect in six months' time.
Anther reduction was already announced within the Atlas Copco Group this year. (See: here. For earlier reductions see: 12901, 12268, 12898, 12034, 9890.)
As of November 2012 there is no information of when the reductions are to be completed by.
Eurofound (2012), Atlas Copco Rock Drills, Internal restructuring in Sweden, factsheet number 74445, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74445.
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