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.
British Airways, a firm operating in the civil aviation industry, is to cut more than 100 jobs at Gatwick airport. The job cuts reflect BA's response to the worsening economic climate. Although the exact number of job losses is still unknown, the company announced that at least 100 jobs will go, while the cuts will affect ground operations staff. According to the GMB union, the job losses could reach the number of 180. BA committed to put forward a voluntary severance scheme by the end of 2008. As of December 2008, there is no information on exactly when the job losses will be implemented by. However, the company plans to reduce departures at Gatwick airport by 15% by next summer (Summer 2009).
Eurofound (2008), British Airways, Internal restructuring in United Kingdom, factsheet number 67602, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67602.
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...
