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.
Bodybell, the chain specialised in retail sale of cosmetic products, will implement an employment adjustment affecting 255 workers. Initially, the company proposed to dismiss 304 workers. The number was reduced with a view of reaching an agreement on the measure with the trade unions (UGT, CCOO and USO). Dismissed workers will receive a severance payment equal to 34 days per year worked up to a total of 25 months' pay. The company has agreed with the trade unions to pay the severance payment on the 31 July. Although the measure was proposed once Bodybell was bought by the German group Douglas, the company informs that it is part of the restructuring process initiated in 2015.
Eurofound (2017), Bodybell, Closure in Spain, factsheet number 91479, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91479.
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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