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.
USA headquartered agribusiness and food processing firm Archer Daniels Midland will cut 1000 workers globally as a result of increased commodities prices.
The company will offer voluntary early retirement to US workers before progressing to a redundancy programme. It is therefore not yet clear how many workers outside the US will be affected. EU locations for Archer Daniels Midland include the Czech Republic, France, Germany, Ireland, the Netherlands and the UK.
The cuts will be made among the firm's corporate staff, which will be reduced by 15 per cent.
Eurofound (2012), Archer Daniels Midland, Internal restructuring in World, factsheet number 72954, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72954.
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...
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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...
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