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.
Rabobank, the Dutch cooperative bank, has announced a job reduction plan involving 1,200 redundancies in order to save 200 million euros. The job cuts will start in September 2004 and will be spread out over two years, in order to avoid direct dismissals. The bank also wishes to merge its affiliate banks to reduce their number from 320 to 150.
Eurofound (2004), Rabobank, Internal restructuring in Netherlands, factsheet number 60476, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60476.