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.
The supervisory board of hospital company Asclepios has announced a cost cutting programme for its newly acquired Hamburg operations. In 7 privatised hospitals, 1,000 jobs will be cut in an effort to become more efficient. Trade unions have been fiercely critical of the decision, whereas Hamburg's minister for health matters has declared that there will be no direct dismissals.
Eurofound (2005), Asclepios, Internal restructuring in Germany, factsheet number 61763, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61763.