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.
Merrill Lynch, one of the world´s leading financial management and advisory companies, has announced that it is to cut about 5,700 jobs across the world due to the financial crisis. The firm has offices in 40 countries and employs roughly 60,000 people. As of November 2008, there is no information about the employment effect timeline.
Eurofound (2008), Merrill Lynch, Internal restructuring in World, factsheet number 67411, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67411.