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.
The Czech company TON, which produces bentwood furniture, has announced 93 job cuts out of the 600 staff by the end of June 2023. The dismissals will affect both administrative and production positions. The main reason for the layoff of staff is the increasing costs and a decline in new orders from the Czech Republic and abroad. In the last few months, energy and raw materials prices have increased significantly. According to CEO Milan Dostalík, the introduction of short-time working (Kurzarbeit) would alleviate the imminent wave of layoffs across the industry.
Eurofound (2023), TON, Internal restructuring in Czechia, factsheet number 109071, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/109071.
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...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
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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