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.
Derby City Council has announced its voluntary redundancy programme in an attempt to shed 750 jobs. The authority hasn't ruled out compulsory redundancies, but hopes that its voluntary programme will account for the 750 job cuts needed.
Update 7th January 2011
Derby Council has released figures showing that it plans to make fewer than the expected 750 job cuts previously announced. It predicts that between 370 and 676 jobs will be lost depending on other money saving measures it hopes to agree with staff. These measures include cutting the working week by one hour to 36 hours and reducing sick pay. 140 posts have already been lost, and 193 more have already been identified as redundant.
Update 10/9/11
Derby Council announced that it cut 465 jobs up until the end of March, and that it intends to shed a further 500 jobs in the next year.
Eurofound (2010), Derby Council, Internal restructuring in United Kingdom, factsheet number 71099, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71099.
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...
