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.
Finnish telecommunications company Anvia has initiated employer-employee negotiations aiming to cut 70 job positions. The internal restructuring is due to the company's diminished profitability partly through cost-saving schemes and therefore lowered demand from the public sector. In total the negotiations concern 350 employees, employees working with for example customer service are not affected by the redundancies.
Eurofound (2016), Anvia, Internal restructuring in Finland, factsheet number 86849, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86849.