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.
York International, which employs 450 people, is to stop making air conditioning units as part of a restructuring. More than half the workforce at a factory in Basildon is to go after the firm announced production is to move. A company spokesman said production would be phased out over 12 months with the loss of 250 jobs. The remainder of the workforce is to move to a new office complex in the area by the end of 2006. Markus Gruen, a company vice-president, said they were switching production to other company plants in Europe to improve efficiency in a very competitive market.
Eurofound (2005), York International, Relocation in United Kingdom, factsheet number 62274, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62274.
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...
