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.
In the framework of a major restructuring process affecting most of its plants all over Europe, the Germany-based Deutsche Telekom corporation plans to cut 2,200 jobs in its mobile phone division within the next two years. Its Austrian subsidiary, the country's second largest mobile phone provider known under its brand name ‘T-Mobile Austria' based in Vienna, will allegedly lose some 150 workers, most of them employed in marketing and administration. Therewith, the management seeks to save labour costs of up to €80 million. Currently, the company employs some 1,860 workers in Austria. According to the management, a social plan for the employees concerned is being negotiated with the works council.
Eurofound (2005), T-Mobile Austria, Internal restructuring in Austria, factsheet number 61035, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61035.
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...
