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 11 August 2009, the producer of car components Leoni announced to cut another 150 jobs in Germany. The current downsizing follows Leoni's announcement of 430 jobs to be lost in March 2009. This second wave of job cuts is attributed to the lasting economic crisis. On 30 June 2009, the company employed 45,522 employees worldwide (3,967 staff in Germany). As of August 2009, it is unknown when the job losses will be implemented by and the precise locations that they will affect.
Eurofound (2009), Leoni, Internal restructuring in Germany, factsheet number 69396, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/69396.
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...
