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 telecommunication company Orange Poland (former TP – Polish Telecom) has announced that it will cut up to 2,680 jobs through voluntary dismissal programme. The programme will be operational in 2018 and 2019, and it is expected that up to 1,450 positions will be cut in the first year of the programme. The conditions of the programme were negotiated with the local trade unions. According to the agreement, redundant employees will receive severance pay according to seniority level. The redundancy packages will be worth between PLN 5,000 and PLN 26,000 (EUR 6,088). In 2016 1,030 employees were covered by a voluntary dismissal programme at Orange Poland.
Eurofound (2017), Orange Poland, Internal restructuring in Poland, factsheet number 92856, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/92856.
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...
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