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.
American Express, the global financial services company headquartered in New York, has announced that it is to cut 7,000 jobs worldwide due to the global financial crisis. As of November 2008, there is no information on when the job losses are to be implemented by.
Eurofound (2008), American Express, Internal restructuring in World, factsheet number 67413, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67413.