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 25 June 2009, steel producer Corus (part of Tata) announced it will scrap another 2000 jobs. The majority will be lost in the UK. In the Netherlands, 123 jobs will be lost in the tube production plant in Arnhem. The need for job losses is attributed to the recession.
Eurofound (2009), Corus, Internal restructuring in European Union, factsheet number 69212, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69212.