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.
One of Ireland's largest pharmaceutical employers, Pfizer, is to close one of its Cork-based plants, resulting in 180 redundancies, after it could not attract a buyer for the facility. A planned sale of the facility had fallen through following negotiations with an interested party. The closure is due to take place on a phased basis before the end of 2009.
Eurofound (2008), Pfizer, Closure in Ireland, factsheet number 66978, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66978.