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.
As a consequence of poor productivity and a lack of demand, the French textile manufacturer DMC has announced that a total of 89 jobs will go by the beginning of 2005. The sewing thread production, based in Mulhouse currently employs 497 people. The restructuring programme involves the closure of the needlework thread division.
Eurofound (2004), DMC, Internal restructuring in France, factsheet number 60855, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60855.