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.
Bombardier Aerospace, a Canadian firm manufacturing aircrafts, is to cut 300 jobs at its Belfast site. The job losses are blamed on falling demand and amount to one third of the company's subcontractors. The 5,300 permanent staff at the plant will remain unaffected. The company announced that the cuts will occur 'within the next few months', but as of 6 February 2009 there is no further information.
Eurofound (2009), Bombardier Aerospace, Internal restructuring in United Kingdom, factsheet number 68089, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68089.