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 PSA Peugeot- Citroen manufacturers based in Trnava will create about 800 new jobs from 1 January 2017. The expansion is attributed to the increasing demand for cars that are produced in the Trnava plant: the Peugeot 208 and Citroen C3 Picasso. According to available information, demand for these models increased by 19% in 2015. Moreover, a new model of the C3 Picasso will also be launched at the site. These jobs are to be created using a new form of work organisation based on working on Saturdays and Sundays in four working shifts. It is expected that employees who agree to work in this time schedule will earn about 70% of the standard salary of full-time employees working standard hours. According to an external survey conducted by the Company, the scheme appears to be popular among staff, and almost one third of the 3,500 respondents expressed their interest in working on Saturdays and Sundays.
Eurofound (2016), PSA Peugeot - Citroen, Business expansion in Slovakia, factsheet number 88009, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/88009.
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...
