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.
Petroleum company Shell is cutting 231 jobs in its Norwegian branch, Shell Norge. 75 permanent employees will be dismissed, while 156 consultants/temporary agency workers will not get their contracts renewed. The cuts are due to several larger projects related to offshore natural gas extraction now ending, resulting in less demand for labour in the entire organisation. The majority of the affected workers will be engineers. A large amount of the cuts will be made at the company's site at Nyhamna. The cuts have been considered for a significant amount of time, and unions have been consulted in the process. Shell has previously cut its Norwegian staff (see previous case Norske Shell 2015 NO), and will retain about 600 employees after this round of restructuring. The company describes this as a sufficient and stable number of staff for the foreseeable future.
Eurofound (2017), Shell Norge, Internal restructuring in Norway, factsheet number 90669, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/90669.
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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