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.
Nordic bank Nordea has announced that it will lay off 2,000 workers in the Nordic countries in 2011 and 2012 of which 200-300 jobs will go in Norway before 2013. Negotations with the unions have started in all affected countries. The bank blames the job cuts on the increased costs imposed by new global bank regulations.
Eurofound (2011), Nordea, Internal restructuring in Norway, factsheet number 72404, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72404.