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.
Financial services company Permanent TSB plans to cut between 250 to 350 jobs, through voluntary redundancies. Some employees could be offered redeployment.
Permanent TSB currently employs 1,800 people and has 100 branches around the country. Permanent TSB has been the country's biggest mortgage lender. Now it is affected by a significant decline in revenue since the property bubble burst.
Eurofound (2011), Permanent TSB, Internal restructuring in Ireland, factsheet number 71554, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71554.