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.
Northern Ireland Electricity (NIE), which is responsible for the running of Northern Ireland's power grid, has announced that it will cut 120 jobs. The source notes that the cuts are a result of the need to reduce its operating costs.
According to the source, compulsory redundancies will be avoided and a voluntary scheme is in operation. Negotiations have already begun between the company, the staff and the trade unions.
Eurofound (2014), Northern Ireland Electricity, Internal restructuring in United Kingdom, factsheet number 77112, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/77112.
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...
