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.
Pfizer, one of the world's largest pharmaceutical companies, is to cut 556 jobs in its Italian sites. The job-losses are part of a wide reorganisation plan which will mainly affect the sales, marketing and distribution area.
Pfizer has around 85,000 employees worldwide. In Italy, it has two administrative sites (located in Milan and Rome), and industrial sites at Latina (Lazio), Ascoli Piceno (Marche) and Pisticci (in the province of Matera), with a total workforce of around 3,000 employees.
Eurofound (2009), Pfizer, Internal restructuring in Italy, factsheet number 67804, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67804.
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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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...
