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.
To face the declining demand, Diosynth is reducing its worldwide chemical synthesis capacity by scaling back facilities in the Netherlands, closing its site in Mexico and reducing the production capacity at Buckhaven (Scotland) site. The workforce in the Netherlands will be reduced by 100 employees in the course of 2004 through natural attrition and expiry of the majority of temporary employment contracts. Consultation involving unions and works councils will be undertaken.
Eurofound (2004), Akzo Nobel, Internal restructuring in Netherlands, factsheet number 60051, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60051.