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.
Johnson Controls, a company specialised in manufacturing of automotive interior systems such as seating systems, electronics, instrument panels, overhead systems and floor consoles, announced on 5 December 2006 that it will cut 231 jobs in its unit in Geel, Belgium. Johnson Controls currently employs 580 people in Geel. The reason for this decision is the reduction in the activity of the Volkswagen factory in Forest, the company's main client. No direct dismissals are foreseen, but rather voluntary departures.
Eurofound (2006), Johnson Controls Belgium, Internal restructuring in Belgium, factsheet number 64573, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64573.
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...
