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 Social Insurance Institution of Finland, Kela, is hiring 100 new employees to administer anew 'active unemployment' policy measure. The recruitment process has already started for around half of the new jobs.
The active unemployment model passed in Parliament in December 2017 and was implemented in January 2018. The model comprises deductible unemployment benefit days and lowered unemployment benefit if, within a period of three months, unemployed person has not sufficiently engaged in paid employment, profitable entrepreneurial activity, or active public employment service (PES) measures. In some cases, unemployed will need to report on PES activities to Kela, which is why Kela needs more resources to administer cases.
In February 2017, Kela's basic social assistance service got seriously congested when the office took over the income support administration from municipalities. On that occasion, Kela increased its number of employees by over 1,000.
Eurofound (2018), The Social Insurance Institution of Finland, Business expansion in Finland, factsheet number 93147, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/93147.
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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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...
