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 24 August 2009, Pfleiderer, a provider of engineered wood products, announced it will cut 200 out of 5,800 jobs worldwide by the end of the year. The company's low earnings attributed to the fiancial and economic crisis has increased its debts. Pfleiderer management is currently holding talks with its bank. It also adheres to strict cost management to improve the company's financial situation.
Eurofound (2009), Pfleiderer, Internal restructuring in World, factsheet number 69458, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69458.