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.
Fashion retailer Bonmarche is cutting 140 jobs across its stores. The cuts are part of a cost-cutting initiative and are subject to the statutory period of consultation. The positions, which have been earmarked for redundancy, are understood to be store assistant roles. Alongside the proposals to cut jobs, the company is also planning to introduce mobility clauses to staff contracts, meaning that employees can be asked to travel to different stores within a 25 mile radius in order to cover staff shortages. Indications are that there will be some resistance to these new terms. The time frame for the implementation of these changes has not been revealed.
Eurofound (2018), Bonmarche, Internal restructuring in United Kingdom, factsheet number 94675, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/94675.
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...
