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.
The company Ceramicas Gala, in Burgos, has announced the dismissal of 176 workers, which represents close to 40% of the staff that currently stands at 440 employees. Yesterday the company presented a Redundancy Procedure in which it justified the measure in the important drop recorded in the production of sanitary fittings, drop that in turn is a consequence of the crisis in the construction sector. Representatives of the company's Works Council have not made any statements, alleging that a negotiation period with management is set to start in a few days, in which the idea is to minimise to a maximum the proposal of eliminating the work posts.
Eurofound (2009), Cerámicas Gala, Internal restructuring in Spain, factsheet number 69319, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/69319.
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...
