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.
Manufacturing firm Doncasters Precision Castings has announced that it is to cut 225 jobs. The Droitwich-based firm, which manufactures nickel-cobalt turbine blades, has said that the job losses are necessary in order to cut costs, and has stressed that there are no plans to cease operations in the town. The statutory 45 day consultation process is reported to be underway, using the company's pre-existing joint consultative committee as the forum for discussions. A spokesperson for the company confirmed that a key aim of the consultation was to reduce the need for compulsory redundancies.
Eurofound (2018), Doncasters Precision Castings, Internal restructuring in United Kingdom, factsheet number 93186, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/93186.
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...
