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 multinational Danish container shipowner, Maersk Line annonced on 30 September 2009 that 170 Danish officers will be made redundant. In the longer perspective they will be exchanged with foreign officers in order to bring down labour costs. This decision is a brake with a 100 years tradition that A. P. Moller ship first and foremost engaged Danish officers. "It is our task to secure that Maersk Line starts to earn money again. Therefore it was necessary to dismiss the Danish officers. it is a question of savings," said director in Maersk Line, Mr Henrik Sloth.
Eurofound (2009), Maersk Line, Internal restructuring in Denmark, factsheet number 69644, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/69644.
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...
