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.
On 27 July 2009, the forklift truck manufacturer Jungheinrich announced to cut 500 jobs at its production sites in Norderstedt and Moosburg. However, talks with the works council on the matter are still ongoing. Timelines for the job reduction are not yet finalised. The new job reduction scheme follows Jungheinrich's downsizing of 300 jobs at the beginning of the year. Job cuts are a reaction to the lasting decline in demand for the company's products. The company employed 4,884 employees in March 2009.
Eurofound (2009), Jungheinrich, Internal restructuring in Germany, factsheet number 69335, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/69335.
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...
