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.
Yahoo, the U.S. based global online network services provider, has announced that it is to cut 1,500 jobs out of a total of 15,000 due to the annual financial loss of 64% in the third quarter of 2008. As of November 2008, there is no information on when the job losses will be implemented by.
Eurofound (2008), Yahoo, Internal restructuring in World, factsheet number 67494, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67494.