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.
Baxter International, a multinational developer and manufacturer of pharmaceutical products, has announced it will dismiss 88-90 employees at its facility in Eigenbrakel, south of Brussels. The restructurings are part of an effort by the company management to improve competitiveness by increasing efficiency. Mainly white collar workers within the R&D department and International Support will be affected.
Eurofound (2019), Baxter, Internal restructuring in Belgium, factsheet number 97363, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97363.