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.
Birmingham City Council is to cut 2,000 jobs, which constitutes 5% of the workforce, as part of plans to cut £70m. It is hoped that early retirement and voluntary redundancy will make up the majority of the job losses. It is suggested that a multi-million pound overspend in child protection services and services for older people and adults with learning disabilities has necessitated the current savings. No date was given by which job losses are expected to be completed.
Tony Rabaiotti, of local government workers union Unison, stated "What the council is trying to do is offer a kind of moral blackmail to employees and that is not good enough. These are political decisions." Dave Prentis, the general secretary of Unison, said: "This is a massive number of job cuts, and the council cannot be serious. It is absolutely wrong to push local government workers on to the dole queues. Birmingham needs its local government workers working, providing the vital services families in the community need to help them recover from the recession."
Eurofound (2010), Birmingham City Council, Internal restructuring in United Kingdom, factsheet number 70177, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70177.
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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