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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Cultural And Recreation Goods In Specialised Stores 47.6 - Retail sale of cultural and recreation goods in specialised stores
120 jobs Number of planned job losses
Announcement Date
27 March 2009
Employment effect (start)
Foreseen end date
31 December 2009
Description
Norli Gruppen, a bookstore chain owned by the Aschehoug publishing house, announced a downsizing of 120 man-labour years within the end of 2009. 10 out of 70 bookstores will be closed.
Norli had a deficit of 80 million NOK last year and stated in a press release that unprofitable acitivities will be discontinued. With the announced measures the company expects to achieve a surplus in 2010.
Eurofound (2009), Norli, Internal restructuring in Norway, factsheet number 68591, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68591.
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