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.
The Norwegian company for home delivery of food Oda will cut 70 jobs in its Global Group Services, or 18 % of the workforce of its 400 workers, and will merge departments to make operations more efficient. The downsizing is due to less capital investment than expected after the war in Ukraine, inflation and increased interest rates. The downsizing will mainly affect employees working on development and growth.
Despite the downsizing in Norway, Oda is expanding. The company started operating in Finland last year, and will launch its operations in Germany next year.
Eurofound (2022), Oda, Internal restructuring in Norway, factsheet number 107900, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/107900.
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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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...
