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.
It has been announced that a consultation is underway over job cuts at Cameron House Hotel. The luxury resort hotel, on the banks of Loch Lomond has been closed since December 2017, following a fire in which two people were killed. Investigations into the cause of the fire remain ongoing. The hotel employs 450 staff in total and consultation is underway over the loss of 300 jobs. At a meeting at the nearby Dumbarton Football Club, staff were told that jobs would be cut and that of the 300 proposed losses, around 150 would come from the zero hours contract workforce. It is understood that those on zero hours contracts will be paid until mid January, even though no work is currently available. The timeframe for the cuts to permanent staff has not been reported.
Eurofound (2018), Cameron House Hotel, Internal restructuring in United Kingdom, factsheet number 93128, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/93128.
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...
