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.
On 21 September 2006, the German publishing house Handelsblatt, announced its intention to cut 120 out of its 1600 jobs. The job losses are going to affect employees within the editorial and publishing departments in Frankfurt and Düsseldorf. The information department will be outsourced, the departments for magazines and newspapers merged. The internal restructuring strategy is supposed to lend more weight to the online-section of the group. The publishing house did not state a timeline for the planned restructuring and the job losses. The publishing house decided to cut the jobs due to a changed business environment. In 2005, Handelsblatt's volume of sales totalled at 271 million Euros. For 2006, the publishing house anticipates a total volume of sales of 288 million Euros.
Eurofound (2006), Handelsblatt, Internal restructuring in Germany, factsheet number 64136, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64136.
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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