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.
Insurance company Zurich has announced plans to cut 200 jobs across the UK in an effort to cut costs. The cutbacks were blamed on the market backdrop and imminent regulatory and market changes. The company is not cutting any product lines and will maintain a focus on the advisory market. As part of the restructuring, the number of branch offices is being streamlined from nine to five by the end of October 2012.
Eurofound (2012), Zurich, Internal restructuring in United Kingdom, factsheet number 74144, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74144.
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...
