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 management of Godiva Belgium, a Brussels-based chocolate manufacturer, announced during a works council on 2nd March its intention to outsource packaging activities, involving 90 job losses (360 people work for Godiva Belgium). Another Belgian company based in Antwerpen (Flanders) already takes care of the packaging of a part of the production of Godiva. According to the management, retaining this activity inside Godiva is no longer profitable. During the days following the announcement, trade unions and workers' strikes blocked the entry of the manufacture and for its part, the management organised a lock-out on Wednesday 7th April. The Minister for employment asked the company to reconsider the restructuring plan.
Eurofound (2010), Godiva Belgium, Outsourcing in Belgium, factsheet number 70375, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/70375.
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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