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.
Philips Lighting has announced plans to cut 75 jobs at its site in Chartes (Eure-et-Loire) due to the low demand in the European market. As announced the social plan will be negotiated on 13 May and will be implemented from November 2014 to February 2015. As reported, the company plans to avoid forced dismissals and expects the restructuring to be implemented by means of voluntary redundancies and internal mobility within the group.
The site produces light systems for the automotive industry.
Eurofound (2014), Philips Lighting, Internal restructuring in France, factsheet number 77048, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/77048.
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...
