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.
LogicaCMG, Europe's third largest IT services firm, will cut 450 jobs. These cuts follow finalisation of the rationalisation programmes for Germany and France. The wireless networks department will also be affected, due to market conditions. LogicaCMG announced that some of the jobs will be relocated in India.
Eurofound (2003), Logica, Internal restructuring in European Union, factsheet number 59764, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59764.