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 31 March 2008, Telenor, a Norwegian telecommunication company which is partly state-owned, announced the loss of approximately 100 jobs across all its units in Norway. As of 30 April, 70 employees were dismissed and received a severance pay. The job cuts are attributed to the financial losses made by the company in 2007 and the need to reduce costs within the mobile phone operations by around NOK 500 million.
Eurofound (2008), Telenor Mobil, Internal restructuring in Norway, factsheet number 66559, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/66559.
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...
