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.
London Underground, an electric passenger railway in the UK, has announced plans to create 300 new jobs. The new roles will involve station assistants. Recruitment has already begun.
This job creation follows the continuous implementation of redundancies since 2009 in a bid to save money (see FS 12642, FS 15227 and FS 16116).
According to the trade unions, the job expansion move is blamed on the expected increase in demand due to the Olympic Games 2012 in London. However, the company said that the new jobs were a result of promotions and staff changing jobs within the industry.
Eurofound (2012), London Underground, Business expansion in United Kingdom, factsheet number 73290, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/73290.
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...
