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.
Energy company E.On has announced plans to close its call centre in Wath Upon Dearne, South Yorkshire, resulting in the loss of 250 jobs. Consultation with trade unions will begin shortly. The consultation is expected to confirm the number of job losses, set out any plans for redeployment of staff and confirm the date on which the site will close.
The local Member of Parliament for South Yorkshire said that the job losses would have a large effect on the local economy. He stated that he hoped that E.On would agree to retrain or redeploy as many staff as possible, and that if there were no other options, that the redundancy package is as generous as possible.
Eurofound (2018), E.On, Closure in United Kingdom, factsheet number 93182, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93182.
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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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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