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.
OpenTV, one of the world's leading interactive television companies, announced a comprehensive plan to restructure its global operations in an effort to reduce expenses significantly and better position the company in light of the current economic environment in the cable and satellite industries. As a result, OpenTV will reduce its overall headcount by 315 positions, or approximately 47 percent of its total workforce, and close eight regional offices.
Eurofound (2002), Open TV, Internal restructuring in World, factsheet number 59562, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59562.