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.
Putzmeister, a producer of concerte pumps, has announced plans to cut 560 jobs in Germany. The company has a German workforce of 1,900. Management and works council are now negotiating a social plan.
Another 390 jobs will be cut globally. There is neither information on the countries affected nor on the timeline. Altogether, 950 out of 3,600 global jobs will be cut because of a sharp fall in orders.
Eurofound (2009), Putzmeister, Internal restructuring in Germany, factsheet number 69111, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/69111.
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...
