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.
Hungarian subsidiary of Norwegian telecommunications multinational Telenor is laying off about 100-120 of its more than 1000 employees in a restructuring plan aiming greater efficiency. Direct consumer relations jobs will not be affected, only technical and back office employees will be downsized. Telenor is accepting voluntary redundancies and promises higher compensation packages than those required by law. The company is also offering material help - smart phones, laptops, mobile internet plans - and trainings in support of those looking for new jobs.
Eurofound (2017), Telenor Hungary, Internal restructuring in Hungary, factsheet number 90367, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/90367.
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...
