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.
Linwoods bakery in Northern Ireland has announced plans to cut 90 jobs. The business operates across two sites in county Armagh and currently employs 295 staff, 250 full time and 45 casual. A spokesperson for the business confirmed that the job cuts were a result of falling demand for the company's products, with the demand for white bread in particular now much lower than it had been in the past. The company also produces and exports health foods, though that side of the business is unaffected by the latest announcement. There is no information as to when the job losses will take effect.
Eurofound (2018), Linwoods, Internal restructuring in United Kingdom, factsheet number 93987, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/93987.
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...
