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.
German manufacture of writing instruments and promotional articles Senator confirmed plans to cut 102 jobs at its site in Groß-Bieberau. In July 2016, the Merz group sold Senator to financial investor Perusa due to its plans of focussing more on pharmaceuticals. The company has been experiencing difficulties in the US market and therefore wants to restructure its business.
Worldwide Senator employs 350 staff. On the site in Groß-Bieberau, 275 people are working. The management is currently negotiating job cuts with the works council. Senator wants to implement staff reductions through natural fluctuation, a social plan, cancellation agreements, and early retirement regulations.
Eurofound (2016), Senator, Merger/Acquisition in Germany, factsheet number 88403, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/88403.
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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In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
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...
