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.
Shorts, the aerospace company owned by Bombardier, has announced the possible loss of 1,180 jobs on top of the 1,300 it has already lost since September 11 (see previous factsheets).
On 14 August 2003, 600 had already left the company, and a further 300 redundancies were planned. On 27 November 2003, the company employed 5,600 employees (i.e. the 300 redundancies had not yet occurred), but unions still feared for additional job cuts.
Eurofound (2003), Shorts, Internal restructuring in United Kingdom, factsheet number 59786, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/59786.
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...
