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.
Webasto, the German manufacturer of car roofs, announced in September 2006 that it was to cut 280 jobs out of 2,500 jobs in Germany and a total of 450 jobs worldwide following a restructuring programme started in 2006. The decision of the restructuring is attributed to falling sales. The plan envisaged a reduction of costs by 1.4 million euro until 2008. Half a year later, in February 2007, the company said that the programme was expected to be implemented by the end of 2007 and that direct dismissals were sought to be avoided in Germany.
Eurofound (2006), Webasto, Internal restructuring in Germany, factsheet number 64993, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64993.
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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