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.
Panasonic, Japanese multinational electronics corporation, is to cut 8,000 jobs out of 320,000 worldwide by the end of March 2013 due to the global economic downturn. The company had announced large losses for 2012 and 2011.
This large scale restructuring follows previous rounds of job cuts: The group has already cut 38,000 jobs worldwide over the last 12 months and had announced 15,000 job cuts in 2009 (see here).
Eurofound (2012), Panasonic, Internal restructuring in World, factsheet number 74508, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74508.
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...
