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.
Producer of footwear Adidas has announced a new restructuring plan due to a 2% drop in sales in the 1st quarter of 2009. The company expects to bring savings of 100 million EUR by 2010.
About 700 jobs are to be cut worldwide in the first half of 2009 and another 300 jobs will be lost by the end of the year. The job losses will affect the regional headquarters in Asia and Europe and retail stores. There is no precise information on where and under which conditions these jobs will be cut. According to FTD, cuts are likely to affect Reebok and Tailormade Golf which saw a drop in sales of 4-6 %.
Eurofound (2009), Reebok, Tailormade Golf, Internal restructuring in World, factsheet number 68862, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68862.
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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