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.
On 11 March 2009, software company Capgemini announced it will reduce its workforce by 10%. About 40 employees will be dismissed, while remaining 660 cuts will be implemented through other measures (not filling vacancies created by personeel that leves of its own accord or is pensioned of). A major reason for the restructuring is price competition in the sector.
Eurofound (2009), Capgemini, Internal restructuring in Netherlands, factsheet number 68720, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68720.