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.
Rolls-Royce Marine, which produces ship engines and equipment, is dismissing 150 of its remaining 2000 employees in Norway. The main reason for the restructuring is the downturn in the offshore petroleum sector. The company has undergone several rounds of restructuring, with a total of 300 employees in Norway and 600 globally leaving the company last year. The company then stated that an additional 400 jobs were likely to be cut globally this year, but has yet to determine where the all the cuts will be made. Employees at all nine Norwegian locations were informed of the new cuts on April 7. All parts of the organisation will be affected, including management and administrative employees. Most of the cuts will be made at locations in Møre og Romsdal on the West coast of Norway.
A previous round of restructuring, entailing 153 jobs cut, took place in 2009 at the plant near Bergen.
Eurofound (2016), Rolls-Royce Marine , Internal restructuring in Norway, factsheet number 86946, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/86946.
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