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 May 2010 Toyota announced that they will remove the night shift (800 employees) from its plant in Onnaing, near Valenciennes, by 23 August and relocate these employees to their two day shifts. The restructuring is made necessary by the fall in European sales that the Japanese company has experience since the beginning of the auto industry crisis. As a result of the elimination of the night shift, the rate of production at the plant will continue to drop. Since the beginning on 2010, the plant has already let go all 650 of its temporary workers.
Eurofound (2010), Toyota, Internal restructuring in France, factsheet number 70916, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70916.