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.
Banco Popolare, one of the most important Italian credit institutes, is to cut 800 jobs by the end of 2011. The group has announced the 2010-2011 reorganisation plan which envisages 800 job-cuts (300 in 2010 and 500 in 2011). According to the Banco Popolare, the economic crisis has forced the group to reduce its costs. In order to reduce the negative effects of the redundancies, the institute has announced the recourse to a lower job turnover and to the 'solidarity fund' for the Italian banking sector. Banco Popolare has 20,329 employees and 2,271 branches.
Eurofound (2010), Banco Popolare, Internal restructuring in Italy, factsheet number 71087, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71087.
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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