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.
The group 3 Suisses, on-line and mail order retailer, has announced its plan to cut about 198 jobs in the framework of a reorganisation. The management decided to eliminate the traditional paper catalogue and to use its website. Management proposals are to provide support for outplacement to 166 employees and early retirement for 32 employees over 56 years old. The discussion with social partners on the social plan starts 17 April with the aim to conclude by 17 July. 3 Suisses has lost €300 million since 2008 and 62 million only in 2013. The first catalogue was published in 1932 and the last one was sent in November 2013 for the Spring and Summer collection.
Eurofound (2014), 3 Suisses, Internal restructuring in France, factsheet number 76889, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76889.
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...
