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 cooperative bank Rabobank announced on 26 July 2012 that it will cut 1,500 to 3,000 jobs in the coming four years.
The firm expects to implement the restructuring without forced dismissals. Reported background is the need to cut costs in the face of novel national and international legislation.
Eurofound (2012), Rabobank, Internal restructuring in Netherlands, factsheet number 73973, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73973.