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.
Brico, a Belgian chain of DIY supplies has announced the dismissal of 100 of its employees. The costs saved by this measure will be used to invest in the company and increase its e-commerce services. The management states that there will be no direct dismissals. Job losses will be effected through voluntary dismissals and the non-replacement of retiring employees. In one store in Mons the staff briefly went on strike but resumed their activities shortly afterwards.
Eurofound (2017), Brico, Internal restructuring in Belgium, factsheet number 90314, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90314.