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.
AGC Glass Europe announced its intention to cut 101 jobs in Belgium among the 265 jobs cut in Europe. According to the management, the decision comes from the need to reduce their costs in order to remain competitive. The aim is to save 50 million euros per year from 2015. Unions have not yet reacted to the restructuring measures.
The company has implemented other restructurings in Belgium in 2012 and 2010.
Eurofound (2013), AGC Glass Belgium, Internal restructuring in Belgium, factsheet number 75623, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/75623.
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...
