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.
Fuller, Smith & Turner, the British hospitality company, which owns the Fuller’s pub chain, has announced plans to cut 500 jobs, 10% of its workforce in city centre locations across London and the south east of England. The announcement came after restrictions on pubs and restaurants had been announced in anticipation of a second spike in coronavirus infections.
The company’s chief executive said the job cuts were 'inevitable' and criticised the UK government for making decisions that had a negative effect on pubs, restaurants and hotels.
The company owns and manages 400 pubs and hotels in the UK, with many of them located in London. British hospitality businesses JD Wetherspoon and Whitbread have also announced job cuts recently.
Eurofound (2020), Fuller, Smith & Turner, Internal restructuring in United Kingdom, factsheet number 102110, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102110.
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...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
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