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.
After Hypovereinsbank and Unicredito have agreed to merge, Hypovereinsbank has announced a new cost-cutting programme. On top of job losses announced in February 2005, the merger will lead to the loss of 2,000 jobs at the German operations of Hypovereinsbank. Merger-related job losses have also been announced for Eastern Europe, Italy and Austria. No announcements were made as to how the job-cutting is to be implemented.
Eurofound (2005), HypoVereinsbank, Internal restructuring in Germany, factsheet number 61748, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61748.
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...
