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.
Heathrow Airport has announced that it is planning to cut 200 of 1,000 jobs from its central head office operations.
According to the management, the restructuring is following a ruling from the Civil Aviation Authority that the airport must reduce charges for airlines in real terms from April 2014. The cuts will not affect front line roles like security.
The airport employs about 7,000 staff in total.
Eurofound (2014), Heathrow Airport, Internal restructuring in United Kingdom, factsheet number 76656, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76656.
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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