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 coaching, training and matching company AlphaCE is initiating employer-employee negotiations to reduce staff by up to 340 employees. The redundancies are a consequence of AlphaCE losing a major bid. AlphaCE has held the contract for 'Basic modules' ('Grundläggande moduler') services of the Swedish public employment service agency Arbetsförmedlingen for nearly four years. As the contract expires in early February 2018, Arbetsförmedlingen has decided to terminate 'Basic modules' and replace it with a new service. The winning bid offered the new services at a significantly lower price than AlphaCE, while AlphaCE says it did not want to lower its price at the cost of salaries and working conditions. The company hopes to be able to develop its activities and to win new contracts so as to avoid or reduce the number of dismissals.
Eurofound (2017), AlphaCE, Internal restructuring in Sweden, factsheet number 91867, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/91867.
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