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.
German textile manufacturer Ahlers has announced plans to cut 100 jobs in Germany. The company aims at improving mid-term results by reducing complexity and focussing on master brands. The bundle of restructuring measures will start on 1 January 2019 and entail the cutting of 130 jobs out of a total of 2,150 worldwide. The job cuts will predominately affect the two German locations Düsseldorf and Herford, both located in North-Rhine Westfalia, which currently employ 619 workers. Management intends to negotiate a social plan with the works council.
Eurofound (2018), Ahlers, Internal restructuring in Germany, factsheet number 95946, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/95946.
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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