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 a result of big losses, the supplier of integrated IT solutions IBS has decided to dismiss between 100 and 150 workers during the last quarter of the year. According to the company leadership, the cuts will affect both consultants and commercial and administrative employees.
Eurofound (2002), International Business Systems, Internal restructuring in Sweden, factsheet number 58876, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58876.