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.
On 9 January 2013, Morgan Stanley, a global financial service firm, announced plans to lay off 1,600 employees during the first quarter of 2013. Around half of the 1,600 jobs will be cut in the United States, with the second half from its global workforce. Positions will essentially be cut in the institutional securities unit (which will lose 6 per cent of its workforce) as well as investment bank activities and related support staff. In the past years, the bank had made a number of job cuts: 4,400 jobs in 2008 (see related Morgan Stanley 2008) and 1,600 in 2012 (see related Morgan Stanley 2012).
Eurofound (2013), Morgan Stanley, Internal restructuring in World, factsheet number 74767, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74767.
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...
