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 18 January 2008, Telekom, German largest telecommunication company, announced the creation of 4,000 jobs for young academics to increase innovation in high tech fields ranging from electronics to media. The new jobs are expected to be created by the end of 2008. In line with a cost-saving program announced in 2006, Telekom is also reducing its elderly workforce by 32,000 by the end of 2008. The company says it needs to react to demographic change. In 2005, an additional 50,000 workers were outplaced to subsidiaries paying lower wages. In the same year Telekom employed 5,000 new, young workers.
Eurofound (2008), Telekom, Internal restructuring in Germany, factsheet number 66231, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/66231.
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...
