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 National Trust Scotland is reported to have started a 90 day consultation process with the aim of cutting 139 positions. The company is said to be motivated by cost-cutting and managerial structure reform. The proposals mean that around one in four of the trust's full time staff are set to have their contracts terminated. It is understood that the majority of the jobs which are affected are based at the Edinburgh headquarters. The Prospect union who represent the staff have suggested that the proposals, which include the creation of 68 new positions, are an attempt to replace permanent staff with contractors. The union has warned that this approach will not deliver the intended cost reductions and in the longer term could be more expensive. The full extent of the restructure will become apparent following the completion of the consultation process.
Eurofound (2016), National Trust Scoland, Internal restructuring in United Kingdom, factsheet number 88078, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/88078.
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...
