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.
Information technology multinational IBM is seeking 310 voluntary redundancies at its Dublin manufacturing base by the end of May 2010. Concerns have been expressed that all manufacturing in Dublin will cease within the next year. The job cuts announcement follows the transfer of manufacturing of high-end servers to Singapore. An additional 120 jobs were lost in 2009 when the transfer to the Far East was first announced in February 2009.
The product focus at IBM's Dublin Technology Campus, where about 3,000 staff are employed, has been changing from manufacturing and fulfilment of hardware products to software and services in recent years. On a more positive note, in March 2010, IBM announced the creation of 200 jobs in Dublin with the establishment of a research centre.
Eurofound (2010), IBM, Offshoring/Delocalisation in Ireland, factsheet number 70832, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70832.