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.
On 17 February, the cleaning and pest control services company Ecolab announced that it would undertake a restructuring of its European operations, beginning in the first quarter of 2011 and lasting for three years. It expects 900 jobs to be eliminated in Europe as a result. Although it has not as yet specified where the job losses will fall, it has operations in 17 EU Member States and Norway. This European transformation plan aims to substantially improve the efficiency and effectiveness of its Europe business, sharpen its competitiveness and accelerate its growth and profitability. Ecolab has stated that it will work with its various works councils in Europe to develop and finalise implementation plans.
Eurofound (2011), Ecolab, Internal restructuring in European Union, factsheet number 71635, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71635.
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...
