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.
Revoz, a car manufacturer owned by French Renault, is to cut 520 jobs by abolishing the third shift. The number of employees will be reduced from 2,461 to 1,941. Both employees on fixed-term contracts (130) and temporary agency work contracts (390) will be affected by this restructuring.
The production of cars will be reduced because of the lack of electronic parts for cars which is, in turn, due to lower supplies from Japanese suppliers following the earthquake.
Eurofound (2011), Revoz, Internal restructuring in Slovenia, factsheet number 71926, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71926.
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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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...
