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.
Postbank, a bank jointly owned by Irish state owned postal company An Post and French bank BNP Paribas, has announced that it is to close by the end of 2010. Postbank employs 260 staff, mainly in a customer contact centre and post offices across the country that provide banking services. Postbank has stated that it hopes a 'significant proportion' of jobs can be saved, but precise details are yet to emerge. The organisation operates banking, savings and investments, and insurance services in almost 1,000 post offices across the country.
Eurofound (2010), Postbank, Closure in Ireland, factsheet number 70252, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70252.