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.
Emeis, a French multinational chain of nursing and care homes has announced it will sell 5 of its care homes and 2 of its assisted housing facilities. In total, 150 employees face dismissal. The company management has stated that the closures are needed to guarantee a stable financial future for all of its facilities. The group mainly aims to reduce its workforce in Wallonia and Brussels, in Flanders it is looking for 100 to 130 additional employees. Trade unions and employees reacted surprised at the news and disapproved of the sudden announcement. Following the news a request to strike was launched by the trade unions.
Eurofound (2024), Emeis, Internal restructuring in Belgium, factsheet number 202102, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/202102.
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...
