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.
French rail products supplier Alstom Transport, a division of Alstom, will cut 162 of its 200 jobs in Riddekerk, Netherlands, the company said on 31 January 2005. Alstom Transport will close the order and production activities in Riddekerk in the course of 2005. Some of the other activities, including client services, sales and maintenance services, will continue but in a reduced form. Alstom Transport attributed its decision mainly to the unfavourable order intakes in the Netherlands. Alstom Transport will negotiate a social plan for the employees with the unions.
Eurofound (2005), Alstom T&D, Internal restructuring in Netherlands, factsheet number 61206, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61206.