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.
Dutch care services provider for people with intellectual disabilities Philadelphia is to cut 900 jobs in the coming two years, out of a total of 7,600 jobs.
As announced, the restructuring is due to the government decision to reduce the budget for long term care and will affect 300 administrative and 600 care jobs in the organisation.
According to media report, in the future, part of the services is to be provided by volunteers.
As reported, compulsory redundancies are not ruled out and in the near future more details are to be announced on the sites to be affected based on a new social plan.
The unions opposed the plan pointing out that the announced government budget cuts refer to 2015.
Eurofound (2013), Philadelphia, Internal restructuring in Netherlands, factsheet number 76257, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76257.
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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