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.
Eastman Kodak, an American photo products provider, is to cut from 3,500 to 4,500 jobs out of a total 25,000 by the end of 2009. The job losses are attributed to a sharp decline in orders in the fourth quarter of 2008. "The second half of 2008 will go down in history as one of the most challenging periods we have seen in decades," Kodak's chief executive, Antonio Perez, said in a statement. Through 2011, Kodak has said it expects revenue to rise 5% a year, driven by a 10% to 12% annual rise in digital sales.
Eurofound (2009), Eastman Kodak, Internal restructuring in World, factsheet number 67996, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67996.
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...
