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.
The GMB union has alerted motorists to moves by the AA to cut 431 jobs across the country. The cuts will mainly affect breakdown patrols of which 150 patrol drivers will go from London. Cheadle and Newcastle will also be affected. A letter dated 8 April 2005 outlines proposals to assess staff performance which the GMB predicts will led to 600 out of the current 4,000 jobs going. According to the union, AA patrol drivers are already working up to 90 hours a week and up to 12 days in a row and the stress on call centre staff will inevitability lead to errors and longer waiting times for AA customers.
Eurofound (2005), AA, Internal restructuring in United Kingdom, factsheet number 61426, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61426.
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...
