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 8 September 2008 German postal services group Deutsche Post announced that it will cut 150 out of 1100 jobs at its subsidiary IT Services. It intends to concentrate the activities of its subsidiary in two large sites (Bonn and Darmstadt) instead of 13 smaller ones. The restructuring shall start in the first half of 2009. The company refused to give details as to when it will be completed. The company did not exclude that the job cuts might involve direct dismissals.
Eurofound (2008), Deutsche Post IT Services, Internal restructuring in Germany, factsheet number 67075, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67075.
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...
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