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.
Air France, one of the main airline companies, is to cut 2,500 to 3,000 jobs Europe-wide by the end of 2011. According to the company, over the next years it will be necessary to rationalize the workforce in order to cope with the drop in demand due to the recent economic crisis. There will be no forced dismissals. the jobs would go through not replacing staff who are retiring and not renewing temporary contracts. In February 2009, Air France has already announced 1,000 to 1,200 redundancies.
Eurofound (2009), Air France-KLM, Internal restructuring in European Union, factsheet number 68705, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68705.
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...
