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.
Creative Outsourcing Solutions International (Cosi), a firm that manufactures cosmetic products, has announced that it is to cut 242 jobs at its site in Maesteg. The firm attributes the decision to make the job losses to poor trading results during the summer of 2007. 92 employees will be made redundant by the firm, whilst a further 150 staff will not have their contracts renewed. The redundancies follow the firm announcing the creation of 300 new jobs in January 2007. The firm has now stated that these new jobs will not be created. Cosi employs approximately 700 at its Maesteg site. As of October 2007, there is no information on when the job losses will be implemented by.
Eurofound (2007), Creative Outsourcing Solutions International (Cosi), Internal restructuring in United Kingdom, factsheet number 65976, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65976.
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...
