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.
The German software company SAP announced an internal reorganisation. The reorganisation will affect some 4,000 of the 14,600 employees of SAP globally, according to the general manager Klaus Merx. The available information on the reorganisation is limited, but previous estimates expect some 1,000 employees to make use of the voluntary redundancy scheme that has been put in place for the reorganisation. A further 3,000 jobs are now said to be cut. SAP itself has not responded to the news. Moreover, SAP announced the creation of 150 jobs in Ireland by the end of 2018.
Eurofound (2017), SAP, Internal restructuring in World, factsheet number 91063, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/91063.
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...
