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.
French owned car manufacturer Peugeot Citroen is reported to be cutting 150 jobs across two sites in the West Midlands. Currently 750 people are employed at the Pinley House and Tile Hill sites; the cuts amount to 20% of the current workforce. The Unite union has confirmed that it has been informed that a formal consultation period will now start. The company has said that it hopes to achieve the cuts through voluntary redundancies. The company has been a significant employer in the region for some time, though this has diminished since the closure of the Ryton Peugeot plant in 2006.
Eurofound (2014), Peugeot Citroen, Internal restructuring in United Kingdom, factsheet number 77922, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/77922.
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...
