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 national body in charge of collecting social security contributions (ACOSS) has agreed with the State to reduce its workforce by about 700 positions by 2017 through non-replacement of retirees. ACOSS will replace 50% of the 1400 departures through retirement by 2017. This means that it will recruit 700 employees within this period and will not replace 700 other departing employees. For the government the job cuts are part of a plan to reduce social security expenses by about 1.2 billion euro by 2017. Job cuts through non-replacement of retiring staff have also been agreed in the National health insurance system (Caisse nationale d'assurance maladie) and are expected in the National pension system (Caisse nationale d'assurance vieillesse).
Eurofound (2014), Agence Centrale Organismes Sécurité sociale (ACOSS), Internal restructuring in France, factsheet number 77428, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/77428.
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...
