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.
Theme park Alton Towers has announced plans to cut 190 jobs. The Staffordshire tourist attraction suffered poor visitor numbers after a high-profile accident on one of its rides in June 2015. The accident resulted in serious injuries and received much media coverage. The site generally employs around 1,000 permanent staff and 1,500 seasonal workers for the peak months. 190 job losses are expected from the permanent staff and the company will also seek to make savings by not filling casual vacancies. A consultation process is expected to begin after employee representatives have been selected.
Eurofound (2015), Alton Towers, Internal restructuring in United Kingdom, factsheet number 85455, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/85455.
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...
