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.
Clothes retail chain Peacocks has announced that 249 staff have been made redundant as the firm went into administration. This equals half of the staff at Peacock's head office in Cardiff.
The 9,000 people employed in Peacock stores across the UK are kept on as the administrators are looking for buyers.
The company was unable to restructure £240m debts, and Royal Bank of Scotland informed the company it was unwilling to sustain support for the company.
Eurofound (2012), Peacocks, Bankruptcy in United Kingdom, factsheet number 73033, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/73033.
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...
