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.
Spanish bank CaixaBank will apply a labor force adjustment plan affecting 750 employees. The plan is being currently discussed with the trade unions and there is no information on the date when the employment effects will start. The bank expects to implement redundancies in Seville (182), the Canary Islands (77), Madrid (75) and Navarra (41). The bank is offering a severance pay equal to 33 days per year worked up to a maximum of 24 years. For the workers born before 1962, it will offer an early retirement plan.
Eurofound (2015), CaixaBank , Internal restructuring in Spain, factsheet number 83655, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/83655.
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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