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.
Linoleum manufacturer Armstrong DLW is to cut 58 out of 430 jobs at its production site in Delmenhorst. According to the sources the restructuring is due to overcapacity. Works’ council and management have reached an agreement that the job reduction measures will be carried out via voluntary redundancies with the support of a transfer agency to help affected employees in their job search. Additionally, the agreement envisages that no job cuts will be made until September 2015 for the remaining staff. The timeframe for the restructuring is not yet available.
Eurofound (2014), Armstrong DLW, Internal restructuring in Germany, factsheet number 76886, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76886.
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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