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.
Barclays bank has announced that it is to cut 408 jobs at sites in Cheshire, Northampton and London. The jobs are based in the company’s IT support function, and 158 permanent and 250 contract staff will be affected. The company is cutting the jobs in order to cut costs by reducing duplication. The company employs 150,000 people worldwide, but it is not known how many are employed in IT support at these three sites. As of 11 January 2009, it has not been announced when these jobs will be cut.
Eurofound (2009), Barclays, Internal restructuring in United Kingdom, factsheet number 67779, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67779.
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...
