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.
On 6 July 2006 IT-service provider Siemens Business Services (SBS), a subsidiary of the Siemens Group, announced to cut 350 jobs. SBS has a workforce of 12,000 in Germany. The job cuts will affect employees who in the past provided services to the SBS computer-maintenance unit PRS. These jobs will be shed now, sind SBS sold PRS to Fujitsu Siemens Computers, a joint venture of the Siemens Group and Fujitsu.
Eurofound (2006), Siemens SBS, Internal restructuring in Germany, factsheet number 63757, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/63757.
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...
