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.
Cargotec, a Finnish manufacturer of cargo handling equipment, will cut approximately 90 jobs from its Tampere unit. Cargotec has concluded obligatory negotiations with its employees on the cuts. It is converting the Tampere unit into a "technology and competence centre" and moving production to a new facility. Some laid-off workers may be offered work at Cargotec's new assembly plant in Poland. Cuts will take place in phases during the next 1.5 years.
Eurofound (2010), Cargotec, Internal restructuring in Finland, factsheet number 71212, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71212.
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...
