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.
On 17 April 2009, IT company AtosOrigin stated that it had reduced its workforce in the Netherlands by 443 jobs (5% of the total). 214 of these cuts were the result of the sale of a daughter comapny. The rest had occurred because of not replacing employees that left. There had been no forced dismissals. AtosOrigin has been hit hard by price competition in the sector. Analysts expect more resturcturing (including forced dismissals) in the near future.
Eurofound (2009), Atos Origin, Internal restructuring in Netherlands, factsheet number 68721, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68721.