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.
Automotive supplier Automotive is to cut 80 jobs in Osnabruck (Lower Saxony). The job cuts are mainly to affect RD, sales and the purchasing department. The initiative is due to weak sectoral demand.
Talks with worker representatives have been announced.
Valmet is based in Finland, employing 400 staff in Osnabruck. In 2010, the company had acquired the production plant in Osnabruck from the bankrupt Karmann.
Eurofound (2013), Valmet, Internal restructuring in Germany, factsheet number 76203, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76203.
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...
