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.
Kraft Foods, who have recently taken over Cadbury, is to close its Somerdale plant in South West England with the loss of 400 jobs by 2011. Cadbury had initially planned to move jobs to Poland, but Kraft announced last week that it would keep the plant open. Kraft has now re-evaluated its position and decided that the plans to move production to Poland were so advanced that the cost would make it 'unrealistic' to halt them.
The company has said that it will honour Cadbury's former commitment to staff at the site regarding terms and conditions of closure and a commitment to rebuild the Fry Club on the Somerdale site. Union Unite said it sent the "worst possible message" to 6,000 other former Cadbury workers in the UK and Ireland, and Jennie Formby, Unite national officer for the food and drinks sector, said that Kraft had "deliberately misled many hundreds of decent men and women".
Eurofound (2010), Kraft, Offshoring/Delocalisation in United Kingdom, factsheet number 70203, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/70203.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
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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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