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.
Tivoli is a amusement park in Copenhagen which has experienced a severe economic downturn due to the Corona-crisis and lockdown. Tivoli expected to cut 440 employees, but has managed to lower the dismissals to 233 in dialogue with relevant trade unions. The number was brought down by voluntary resignations, natural expiration of temporary contracts and flexible planning of work schedules among the permanent and seasonal staff. The lack of tourists due to travel restrictions has hurt the amusement park. The company expects a yearly deficit in 2020 to be around 100 million DK despite support and compensation packages from the state.
Eurofound (2020), Tivoli, Internal restructuring in Denmark, factsheet number 101171, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101171.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
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This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
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