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.
Greek government is to cut 6,500 civil service jobs till the end of 2014. As reported, the job reduction measure is in the framework of a previously announced plan to cut 15,000 public sector jobs by the end of 2014, as part of the austerity measures agreed with the country's international lenders (IMF, EU and ECB). The job cuts are expected to take place from September 2014.
According to the sources, 3,600 jobs were lost in 2013 and 5,000 ones in the 1st half of 2014.
Eurofound (2014), Public Sector, Internal restructuring in Greece, factsheet number 77391, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/77391.
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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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...
