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 7 July 2008, Henkel, manufacturer of soap, detergents and other chemical products, announced that it is to cut 3000 jobs worldwide by the end of 2011. Out of these, 1000 jobs will be lost in Germany. Job cuts will most severely affect the company’s location in Düsseldorf where about 500 jobs are to be cut (out of the 1000 jobs). Concerning Henkel’s worldwide activities, a spokesperson of the company highlighted that all regions and business divisions could be affected.
Eurofound (2008), Henkel, Internal restructuring in Germany, factsheet number 66815, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66815.
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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