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.
Dutch clothing company G-Star announced 150 job cuts in the Netherlands as part of a larger reorganisation cutting 10% of 2,100 jobs worldwide. As a result of the COVID-19 crisis, sales have shifted from stores to online shopping. The shift to online sales requires the company to restructure into a more digitally-oriented organisation. Jobs in stores as well as at the headquarters will be affected by the reorganisation. G-Star is one of the largest fashion brands in the Netherlands and is best known for its jeans.
Eurofound (2020), G-Star, Internal restructuring in Netherlands, factsheet number 101263, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/101263.
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...
