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.
About two hundred workers are to be made redundant over a phsed fifteen month period at Trallee-based textile plant, Burlington. The textiles plant employs 900 workers, but this will drop to about 700 following a rationalisation programme. However, Burlington has promised to spend £1.5million on the Tralee plant to provide new equipment "to make the operations more competitive". The Tralee cutbacks announced by Burlington are part of a rationalisation programme designed to "improve productivity and reduce the unit cost of the fabrics it manufactures".
Eurofound (2010), Burlington, Internal restructuring in Ireland, factsheet number 71451, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71451.