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.
John Electric, one of the world's largest providers of motion subsystems and motion components for automotive and industrial applications, is to close its plant located at Moncalieri (in the province of Turin), with the loss of 122 jobs. The company has decided to delocalise the Italian plant's production to China. The trade unions reacted to the company's decision by going out on strike and blockading the factory's gates.
Eurofound (2009), Johnson Electric, Offshoring/Delocalisation in Italy, factsheet number 68200, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68200.