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.
UK telecommunications company, BT has announced plans to expand its workforce by creating 112 new broadband and phone engineers in BT Openreach in Scotland.
The 112 new jobs will be spread across locations in Orkney, Oban, Greenock, Galashiels, the Highlands, Islands and the north east. The frontline engineers will be involved in installing new lines, fixing faults and rolling out high-speed broadband. BT received funding from the Scottish Government, Highlands and Islands Enterprise, the UK Department for Culture, Media and Sport, local authorities and the European Regional Development Fund. The creation of these new jobs is on top of more than 260 jobs created by BT in Scotland in 2014, with BT Openreach now employing 2,800 people. The new jobs in Scotland form part of BT’s plans to recruit an additional 500 engineers across the United Kingdom during 2015.
Eurofound (2015), BT Openreach, Business expansion in United Kingdom, factsheet number 83820, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/83820.
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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