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.
Havas is the world's sixth largest advertising and marketing group.
Following bad financial results, it announced a strategic reorganisation aimed at simplifying its structure and producing savings.
750 jobs had already been cut in the first semester of this year. 850 more redundancies will take place before the end of the year, bringing the total job losses to 1,600, 9% of Havas's workforce worldwide.
Eurofound (2003), Havas, Internal restructuring in World, factsheet number 60159, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/60159.
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...
