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.
The insurance company Caser has launched a Redundancy Procedure affecting 288 employees (9% of its entire workforce).
Currently, the company is negotiating the measure with the unions. The company has committed itself to try to reduce the number of forced exits. According to reports, they will try to reduce the staff by means of early retirement. In addition, during the negotiations, alternative cost-cutting measures such as working time reduction schemes and/or changes in the work contracts will be discussed.
Eurofound (2013), Caser, Internal restructuring in Spain, factsheet number 74960, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74960.
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...
