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.
Thule Sweden, which produces load carriers for cars, announced that it was going to cut 70 jobs at its plant in Hillerstorp, where 320 workers are currently employed. Negotiations with trade unions have already started and are expected to be finalised by the end of May 2005. According to Peter Kral, President Division Car Accessories Europe/Asia, the focus has been put on expansion rather than on production effectiveness in recent years and it is now time for the company to review its production flows in order to strengthen its competitiveness.
Eurofound (2005), Thule Sweden, Internal restructuring in Sweden, factsheet number 61456, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61456.
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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