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 12 April 2010, the chemical company BASF announced to cut around 500 jobs worldwide by 2013. The company stated to restructure its global pigment business, eliminating certain products. Therefore labour capacities also have to be reduced. 500 out of 2,900 jobs are to be shed before 2013. 320 jobs will be lost in Europe: mostly affected are its sites in Paisley (UK) and Grenzach (Germany). Another 90 and 80 jobs will be cut in Guaratinguetá (Brazil) as well as in Louisville and Elyria (USA).
Eurofound (2010), BASF, Internal restructuring in World, factsheet number 70409, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/70409.
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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