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 Dutch company GGN, a debt collection agency, has recently announced that it will cut 100 jobs from its workforce of 700 empoyees. The company has been struggling in recent years and recently gained negative media attention due to the lack of transparency in its cases and under which circumstances cases are escalated to court. This, and the fact that timely payments have increased, means that demand for the GGN’s services has declined. While the workers have been informed of the cuts, it is not clear when they will commence or when the reorganisation will end.
Eurofound (2018), GGN, Internal restructuring in Netherlands, factsheet number 94705, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/94705.
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...
