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 Dutch bank ABN Amro heralded a worldwide job cuts on December 2004. Management planed to reduce costs and to increase administrative units' productivity. In France, the direction decided to lay off between 55 and 90 jobs out of 400 workers in its branch specialized in firm banking jobs. This decision concerns the administrative functions of middle and back office. Since 2002, the Dutch bank suppressed around 15,000 worldwide jobs; this is the third restructuring plan in France since 2003, where already 400 jobs have been suppressed between 2003 and 2004.
Eurofound (2005), ABN Amro, Internal restructuring in France, factsheet number 61325, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61325.
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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