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.
Canadian firm Bombardier is to cut hundreds of jobs at its Crewe rail engineering works because the business is losing money. Unions had talked about 500 jobs going, and large-scale losses were expected at the Cheshire site. A spokesman for company told BBC News the job losses will go over the course of 2006. Although nearly all the cuts are at Crewe the company is also closing a small satellite unit at Swindon in Wiltshire with the loss of 11 jobs.
The latest cuts come on top of 1,200 jobs losses announced last year at UK plants mainly hitting Crewe and Derby, plus other sites in Yorkshire, Essex and Kent.
Eurofound (2005), Bombardier, Internal restructuring in United Kingdom, factsheet number 62493, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62493.
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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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...
