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.
Banking group Barclays has announced that it is to cut 248 call-handler positions from its workforce at the Westwood Business Park in Coventry. The losses are expected to take effect by the end of December 2016. The job cuts are being made in the interests of improving efficiency at the site which currently employs around 1500 people. The company has stressed that it continues to see the Coventry location as important for its future business activities. The Unite trade union is pressing Barclays to try to find suitable alternative employment for affected workers.
Eurofound (2016), Barclays, Internal restructuring in United Kingdom, factsheet number 88770, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/88770.
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...
