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.
Financial intermediator State Street announced on 9 February 2009 it will cut 115 jobs in Amsterdam, almost 80% of all employees. The main reason is the loss of its major customer ABNAMRO in 2007. As of February 2009, there is no information on when the job cuts will occur.
Eurofound (2009), State Street, Internal restructuring in Netherlands, factsheet number 68155, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68155.