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.
The controversial financial institution Anglo Irish Bank is to start a consultation with staff that will result in up to 350 job losses by the end of 2012, 130 of which will come from Ireland.
The bank said it hoped to achieve the workforce reduction through voluntary redundancies, but added that compulsory layoffs could be required if targets are not met.
The redundancies are part of a process to wind-down the bank by 2020. Anglo recently merged with Irish Nationwide as part of the new Irish Government's banking strategy. Anglo was at the centre of events relating to Ireland's failed banking system.
Eurofound (2011), Anglo-Irish Bank, Internal restructuring in Ireland, factsheet number 72281, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/72281.
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...
