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.
Utilities Water Supply; Sewerage, Waste Management And Remediation Activities Waste Collection, Treatment And Disposal Activities; Materials Recovery 38 - Waste collection, treatment and disposal activities; materials recovery
900 jobs Number of planned job losses
Announcement Date
17 February 2011
Employment effect (start)
17 February 2011
Foreseen end date
31 December 2014
Description
On 17 February, the cleaning and pest control services company Ecolab announced that it would undertake a restructuring of its European operations, beginning in the first quarter of 2011 and lasting for three years. It expects 900 jobs to be eliminated in Europe as a result. Although it has not as yet specified where the job losses will fall, it has operations in 17 EU Member States and Norway. This European transformation plan aims to substantially improve the efficiency and effectiveness of its Europe business, sharpen its competitiveness and accelerate its growth and profitability. Ecolab has stated that it will work with its various works councils in Europe to develop and finalise implementation plans.
Sources
18 February 2011: Bloomberg business week
Citation
Eurofound (2011), Ecolab, Internal restructuring in European Union, factsheet number 71635, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71635.
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