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-Bombardier, Northern Ireland's largest manufacturing firm, said it 'regretted' the need for 560 job cuts but blamed the serious downturn in the airline sector. The Amicus union said it recognised Shorts faced problems with the US airlines that make up much of its customer base, but it was essential to maintain a world class capability in Belfast.
In February 2005 Shorts announced that 280 jobs are to go as the result of cutbacks announced in the autumn. The east Belfast company announced at the start of October that its 5,500-strong workforce would face significant cuts after a number of its biggest customers ran into financial difficulties.
Eurofound (2004), Shorts, Internal restructuring in United Kingdom, factsheet number 60628, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/60628.
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...
