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.
In response to the upcoming loss of several patents, Lilly pharmaceutical group will implement a voluntary redundancy programme whereby 250 positions will be eliminated from its locations in France beginning in March 2011. The job cuts will amount to approximately 10% of the company's French workforce.
Eurofound (2010), Lilly, Internal restructuring in France, factsheet number 70959, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70959.