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.
Oerlikon, a Swiss manufacturing conglomerate, announced 100 job cuts out of the 260 jobs at its plant in Lomm, the Netherlands. The Dutch plant is specialised in manufacturing parts for the engines of airplanes and has been hit hard by the crisis in the aviation industry resulting from the COVID-19 pandemic. The reorganisation will most likely include forced dismissals. The Dutch company has been part of the Oerlikon group for five years. Earlier this year, Oerlikon already announced 800 job cuts in other parts of the company.
Eurofound (2020), Oerlikon Eldim, Internal restructuring in Netherlands, factsheet number 101262, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/101262.
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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Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...
