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 25 April 2007, the life insurance provider Alte Leipziger announced its plans to cut between 200 and 250 jobs by the end of 2009. The job cuts are part of the company's decision to reduce costs by 30 million Euros in order to improve its competitiveness. Alte Leipziger stated that it seeks a socially acceptable solution with regards to the jobs to be cut. The company currently employs a workforce of 1,250 people in Germany.
Eurofound (2007), Alte Leipziger, Internal restructuring in Germany, factsheet number 65281, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65281.
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...
