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.
Don & Low, a manufacturer or textiles based in Forfar has announced plans to cut 55 jobs. The site manufactures backing for carpets and employs 500 staff at the site. Staff have been informed of the plans and collective consultation is due to begin shortly with the Unite trade union. The company has blamed the change in consumer tastes as a major reason for the redundancies; hard floors are ever more popular compared with carpets. The timeframe for the redundancies has not yet been reported.
Eurofound (2019), Don & Low, Internal restructuring in United Kingdom, factsheet number 97981, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97981.