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.
As part of a cost reduction plan, American health technology company, Merative, is to cut 100 jobs. The layoffs come as part of cost reduction plans across Ireland as the firm grows its operations in India, where the Irish jobs are to be moved to. The majority of impacted roles are within its technology organisation, affecting around 78 staff members, with the remaining cuts affecting areas including sales, design, products and communications.
The company currently employs 400 people in Ireland and between 2,000 and 3,000 people globally.
Eurofound (2023), Merative, Offshoring/Delocalisation in Ireland, factsheet number 201011, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201011.