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.
Clothing wholesaler, Bestseller, is to dismiss 130 employees at its headquarters in Brande, Jutland. This was announced at 26 January 2009. The reason is red figures on the bottom line and negative expectations for the coming year. Not much information is given but a local paper is in possession of a letter to the employees in which the management regret that "lack of constant care has resulted in economic and emotional incertainty for so many employees".
Eurofound (2009), Bestseller, Internal restructuring in Denmark, factsheet number 68035, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68035.
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...
