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.
Swiss insurance company Zurich has announced a reduction in the number of executives positions by 350 jobs. The UK cuts are part of global restructuring of the business that will ultimately result in a planned reduction of 20 per cent of executive roles worldwide. The company has said that no broker-facing roles will be reduced. These job losses are in addition to the loss of 440 UK jobs that occurred at the operational level and were completed by the end of March 2016 (see earlier fact sheet).
Eurofound (2016), Zurich Insurance, Internal restructuring in United Kingdom, factsheet number 88388, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/88388.
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...
