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 Pelletey group, a manufacturer of chairs, announced on 25 October 2006 that one of its two factories will have to cut jobs because the company has financial problems resulting from competition from the new Member states and China.
The Pelletey factory in Lude is to cut 125 jobs between December 2006 and February 2007.
Eurofound (2006), Pelletey, Internal restructuring in France, factsheet number 64305, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64305.