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.
Hotel and leisure group Pierre et Vacances announced that it would cut up to 195 positions by 2013 in Europe. The group gave no details on the distribution of job cuts in the countries it operates in (France, Germany, Belgium, Spain, Netherlands), but the main job losses are expected to be in France.
The group employs 5,200 employees in France out of a total workforce of 7,500 in the EU. As other major tourism companies, the group is reported to have to take action in order to respond to a decrease in its sales. The company's management will open a voluntary departure plan and propose support for external outplacement.
Eurofound (2012), Pierre et Vacances, Internal restructuring in European Union, factsheet number 74349, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74349.
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...
