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.
Arms manufacturer BAE Systems has said around 950 new staff could be recruited to help deal with its rising workload. The group has had to take on an extra 300 staff after landing a £6bn deal to supply 72 Eurofighter Typhoon jets to Saudi Arabia. Before winning the contract, BAE had expected to take on 650 specialist staff to deal with its current work. BAE plans to employ the new staff at its Lancashire plants in Warton and Samlesbury by 2007. The new posts will be specialist ones covering areas including avionics, structural engineers, software engineers and overall business management. Some of the recruits are expected to come through the company's graduate training schemes but most will be skilled and experienced aerospace engineers. The contract for the planes, brokered between the Saudi government and the Ministry of Defence, was agreed last month.
Eurofound (2006), BAE Systems, Business expansion in United Kingdom, factsheet number 64128, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64128.
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...
