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.
Marshall Aerospace has announced plans to cut 300 jobs, from its staff of more than 2,000 employees. The restructure is intended to make the business model more flexible and affordable. The company which is headquartered in Cambridge, with sites in Kirbymoorside, Brize Norton and Birmingham, manufactures and services aircrafts. The intended losses for each of the sites have not been reported. The news of the job cuts comes after a 13.5 million GBP defence contract award and a spokesperson for the unite trade union has therefore described the news as 'very disappointing'.
Eurofound (2017), Marshall Aerospace, Internal restructuring in United Kingdom, factsheet number 92315, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/92315.
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...
