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.
Multinational insurance company Aviva is to cut 2,000 jobs in Europe and Asia over the next six months. Till now there is no specific information about which countries are affected by the restructuring plan. However, taking into consideration Aviva’s strong presence in the UK, a considerable number of up to 1,000 jobs will be lost there. At the end of 2011, Aviva announced a restructuring plan affecting 2,500 jobs in Europe (see here), which is still ongoing. The newly announced job cuts come on top of this plan. For the most recent restructurings announced by Aviva see Aviva-UK2012 and Aviva-IRL2012.
Eurofound (2013), Aviva, Internal restructuring in World, factsheet number 75251, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75251.
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...
