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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.

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Announcement date Country Company Sector Restructuring type Employment change
31 May 2002
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United Kingdom
BP Mining / Quarrying Internal restructuring -800
31 May 2002
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Finland
TTT Technology Manufacturing Internal restructuring -150
30 May 2002
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United Kingdom
Barclays Financial / Insurance/ Estate Internal restructuring -1000
30 May 2002
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European Union
Lycos Europe Information / Computing Internal restructuring -900
30 May 2002
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Netherlands
Rbv Leaf Manufacturing Relocation -165
29 May 2002
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Netherlands
Baan Information / Computing Internal restructuring -130
29 May 2002
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Germany
Peguform Gmbh Manufacturing Bankruptcy -5500
29 May 2002
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World
Nortel Networks Corporation Manufacturing Internal restructuring -3500
28 May 2002
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Netherlands
Dixons Wholesale / Retail Closure -110
27 May 2002
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United Kingdom
M&G Financial / Insurance/ Estate Closure -600
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