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.
Pharmaceutical manufacturer Warner Chilcota has announced its decision of dismissing its 120 employees working in Spain. The affected workers are all working in pharmaceutical sales. The dismissals are part of a Europe-wide restructuring plan which will result in the loss of 500 jobs in Germany, France, Italy, Belgium, Netherlands and Switzerland.
The main reason behind this restructuring is the growing competition from generic medicines and the loss of exclusive rights to sell the Actomen medicine in 2010. As of may 2011, there is no information on when the job cuts will be implemented by.
Eurofound (2011), Warner Chilcott, Closure in Spain, factsheet number 71918, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71918.
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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