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.
Royal & Sun Alliance, in the framework of its worldwide restructuring plan, will shed 5,000 jobs in the UK. These include 1,200 jobs already earmarked from the closed life insurance operation (see previous factsheet). RSA is now cutting a further 1,400 jobs from general insurance business in Britain and will transfer 2,200 through outsourcing.
On February 13, 2003 : 1,700 employees currently working for RSA are to be transferred to Unisys, in a plan for Unisys to process and administer RSA's life and pensions policies. The concerned jobs are in Liverpool and Horsham; Unisys declared they were committed to maintain offices in those locations.
Eurofound (2002), Royal & Sun Alliance, Internal restructuring in United Kingdom, factsheet number 59770, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/59770.
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...
