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.
AXA Insurance has confirmed that it intends to relocate 150 jobs in its motor claim division from Tunbridge Wells in Kent to Birmingham. The decision has been taken to consolidate the motor claims division at one site; vacancies have been harder to fill in Tunbridge and there has been a high turnover of staff, particularly among the lower paid grades. Staff at Tunbridge have been put on notice of redundancy and individual consultation meetings will now follow. The redundancies mean that half of the staff at the Tunbridge site will be lost. The move is expected to be completed by May 2017. The ERM has previously reported on 650 job cuts at AXA in Belgium, which were announced in September 2016.
Eurofound (2016), AXA Insurance, Relocation in United Kingdom, factsheet number 89315, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89315.
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...
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