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.
Japanese electronics and entertainment group Sony has announced that it is to trim its global workforce and cut up to 10,000 jobs. Half of the jobs will be cut in the television division of the company. Another 5,000 employees will leave Sony but might retain their jobs, as they are working for two production units that Sony sold to other companies.
Since 2005, Sony enforced two other substantial rounds of staff reductions - the first in 2005 resulting in 10,000 job cuts and a second wave of restructuring in 2008 with 16,000 job cuts.
Eurofound (2012), Sony, Internal restructuring in World, factsheet number 73440, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73440.
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...
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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