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.
French catering company Sodexo announced 800 job cuts out of the 3,000 jobs at its Dutch subsidiary. The company is specialised in catering for company restaurants in office buildings, hospitals and universities. As a result of the COVID-19 crisis many people are working from home, causing the turnover in company restaurants tot drop dramatically. Sodexo expects some business recovery over the next months or years, but a return to pre-pandemic levels seems unlikely. A temporary social plan is in place to guide employees towards a new job. Employee organisations are currently consulting with their members to form an opinion on the social plan.
Eurofound (2020), Sodexo Nederland, Internal restructuring in Netherlands, factsheet number 101265, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/101265.
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...
