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.
Dutch development aid organisation Cordaid announced it will cut 100 out of 240 jobs in the coming years. Background is the expected cuts of government funding. At present, almost half of the income of Cordaid comes from public sources. The organisation expects that government funding will decrease from 65 to 25 million Euros by 2015.
A timeline for the restructuring has yet to be announced.
Eurofound (2011), Cordaid, Internal restructuring in World, factsheet number 72591, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72591.