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.
MTVA, the holding group for public media, has announced the dismissal of up to 600 employees in public television and radio stations, as well as state news service MTI. The negotiation with the Works Council has led to an agreement on the dismissal procedure.
Employees being dismissed include award-winning journalists, producers and, in some cases, the entire staff of programs.
The opposition Socialist Party and pro-environment LMP said in separate statements that the jobs cuts were a cover for "politically cleansing" public media. On the other hand, MTVA denied any political motivation in selecting employees for dismissal, saying they were part of a "renewal" of public media.
Eurofound (2011), Médiaszolgáltatás-támogató és Vagyonkezelő Alap, Internal restructuring in Hungary, factsheet number 72241, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/72241.
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...
