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.
On 21 September 2006, the telecommunications provider E-Plus, a subsidiary of Dutch KPN, announced a new restructuring strategy. To increase the number of private customers the third largest service provider on the German market plans to create 350 new jobs within the sales department, by which more E-Plus shops will be opened till the end of 2007. On the other hand, the company plans to outsource most of its administrative services; several dozen of managerial positions and more than 200 administrative positions will be cut. The company plans an overall job cut of 300. Negotiation talks with the workerÂ’s representatives are anticipated.
Eurofound (2006), E-Plus, Internal restructuring in Germany, factsheet number 64137, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64137.