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.
Engineering firm FG Wilson has announced that it is to cut 760 jobs in Northern Ireland. Parent company Caterpillar said the job losses would be across all four of the company's Northern Ireland sites. A combination of permanent and agency workers are expected to lose their jobs with a voluntary redundancy programme planned this year.
It is also reported that FG Wilson - Caterpillar is moving 70% of the production of small generator sets to China by 2014.
Trade Union Unite has criticized the way in which the company failed to enter negotiations with workers or their representatives.
Eurofound (2012), FG Wilson, Internal restructuring in United Kingdom, factsheet number 74231, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74231.
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...
