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.
Siemens wind turbine manufacturing facility in Hull has announced the creation of a further 140 jobs. The site, which opened in September 2016, currently employs 650 staff. The jobs have proven very popular, with the company having received over 22,000 applications so far. Over 90% of the successful applicants have been people from the local area - within a 30 mile radius of Hull. The company also commented on the gender balance at the factory; 10% female employment is approximately double the average proportion in large scale engineering and manufacturing, according to the company. As of November 2016, it is not know when the new jobs will be implemented by. In July 2015 and in June 2016 the ERM has previously reported on job creation at the Hull site.
Eurofound (2016), Siemens, Business expansion in United Kingdom, factsheet number 89052, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/89052.
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...
