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.
As reported on May 21, 2012, German Canadian Aviation Electronics subsidiary CAE Elektronik will cut 68 of its 550 jobs until April 2013. This is due to a worsening order position and increasing competition in the market for flight simulators.
In August 2011, CAE Elektronik had initially announced to cut about 145 of 550 jobs, most of them engineers. Since a high number of employees voluntarily left the company, 68 jobs remain to be cut. Worldwide, CAE employ about 8,000 people.
Eurofound (2012), CAE Elektronik, Internal restructuring in Germany, factsheet number 73900, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/73900.
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...
