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.
Limerick-based software company, Thomson Scientific, is to make 200 workers redundant. The company is to commence a transfer of work from their Irish base to facilities in India. The US company, which develops software for the legal, financial services, science and healthcare sectors, is in the process of a 30 day consultation period. The transfer of jobs to India is expected to take eighteen months to complete. Thomson cited increased competition as the main reason for leaving Ireland.
Eurofound (2007), Thomson Scientific, Offshoring/Delocalisation in Ireland, factsheet number 64862, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64862.