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.
Giesecke & Devrient (G&D), a Germany-based multinational technology (banknote and security printing) provider, is to cut 400 jobs across Europe in attempt to cut costs. Around 125 positions will be eliminated at the company’s headquarters in Munich (please see G&D-DE2013 ) with the remainder being affected in the company’s chip card business across its European businesses. Giesecke & Devrient currently employs around 10,554 staff worldwide.
For previously reported restructuring events see G&D-SK2006 and G&D-DE2005.
Eurofound (2013), Giesecke & Devrient, Internal restructuring in European Union, factsheet number 75230, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75230.
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...
