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.
Steel company Severfield has announced plans to cut 70 jobs from its site at Lostock, near Bolton. The company, which has been involved in high profile projects such as the O2 arena, said that the decision was due to a change in demand and added that it intended to carry out some of the work at its site in Dalton, North Yorkshire. The site at Lostock currently employs 250 people. The company has said that redeployment within the group is a possibility for affected employees. There is no information available as to when the job cuts will take effect.
Eurofound (2018), Severfield, Internal restructuring in United Kingdom, factsheet number 93708, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/93708.
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...
