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.
In early 2016, Bpost, a Belgian public mail company, will launch two internal restructuring plans titled Alpha and MSO. In the third quarter of 2015, the company recorded a EUR 54mn (USD 58.01mn) provision in anticipation of the costs associated with the Alpha plan. As part of the plan, 322 jobs will be cut. Some of the employee departures will be implemented through an early retirement scheme (minimum age eligible: 59.5 years old).
Eurofound (2015), Bpost, Internal restructuring in Belgium, factsheet number 85549, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/85549.