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 Assistance publique — Hôpitaux de Paris (AP-HP) will shed 900 non-medical staff until 2006. This is a cost-cutting measure as the Paris hospitals have to spare 60 million euros a year in order to reach budgetary equilibrium by 2006. Provided these savings are done, the state will put in 230 million euros in the hospitals' budget. Management declared there will be no redundancies, job reduction will be achieved via internal transfers and retirement measures.
Eurofound (2004), Assistance Publique - Hôpitaux de Paris (AP-HP), Internal restructuring in France, factsheet number 59734, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59734.