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.
Department store John Lewis has announced plans to restructure acrosss its branches which will result in the loss or 270 jobs and the creation of 70 new jobs. The cuts are understood to affect back office roles such as IT, finance and store security in the company's 50 branches. There is no information as yet, on when the restructure is due to take effect.
A spokesperson for the company said that this would result in a "more efficient way of working" and added that they aimed to find roles for the affected employees where possible. The timing of the announcement of the net reduction in jobs is seen as unfortunate as it coincides with a rebranding of the store, which seeks to emphasise its mutual ownership structure.
Eurofound (2018), John Lewis, Internal restructuring in United Kingdom, factsheet number 95389, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/95389.
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...
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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...
