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.
The French group Parrot plans to reorganise its activities in its drones branch for the consumer market by reducing its workforce by nearly 30%. The group plan to cut 290 positions on a total of 840 employees. Parrot aims to take on board the changes in market for consumer drones and, according to its press release, "considers that the management of its development in this segment will involve an adaptation of its offer and a cost reduction phase". "Adjusting the support teams to the level of business", is part of the restructuring plan. These reductions would concern employees both in France (150) and internationally. Parrot has most of it employees in France (628), in Switzerland (119), in China (87), Honk-Kong (22), UK (14), Germany (13) and Spain (12).
Eurofound (2017), Parrot, Internal restructuring in World, factsheet number 89827, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89827.
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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