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.
Thales Daimler Aerospace (TDA), weapon manufacturer, has announced a restructuring programme aiming at preserving competitiveness that will see the redundancy of 113 of its 460 employees. There will be 92 direct dismissals and 21 pension schemes. Unions express concerns as to the continuing of industrial activity in the region as the company is consistently reducing the number of its employees (it employed 1,800 workers in the 80's). They are also urging local authorities to develop a regional plan for employment. Giat Industries, active in the same sector, recently restructured its activities in the same region.
Eurofound (2004), Thales Daimler Aerospace (TDA), Internal restructuring in France, factsheet number 59727, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59727.
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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