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.
The Italian insurance group Generali announced on 1 December 2006 that Generali Proximité Assurances (GPA) will cut nearly 15% of its workforce. As a result of this, 222 salespeople at GPA will lose their job between January and February 2007. Seven out of the nine trade unions have agreed to this plan which envisages a new calculation of the wages in order to save jobs in a sector where commercial margins are reduced and competition is very intense.
Eurofound (2006), Generali Proximité Assurances (GPA), Internal restructuring in France, factsheet number 64550, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64550.
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...
