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 Christian trade union ACV-CSC has started a restructuring in which 103 employees will depart via early retirement. Another 123 employees, 55 years old or more, will be obliged to shift to part-time work.
The trade union has encountered financial difficulties since the voluntary liquidation of Arco (in 2011), its financial holding company, in the wake of the collapse of Dexia bank - which held most of Arco's funds. A restructuring plan, merging twelve regional departments into five provincial departments, is intended to eliminate some duplicate jobs in support functions as well as management jobs.
Eurofound (2016), ACV-CSC, Internal restructuring in Belgium, factsheet number 86407, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/86407.
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...
