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.
Car manufacturer Vauxhall has announced plans to cut more jobs from its site at Ellesmere Port, Cheshire. The site which has already suffered job cuts in 2017 (400 jobs lost) and 2018 (250 jobs lost), will lose another 241 staff from the total headcount of around 900. Vauxhall have said that the cuts are a response to falling sales figures and are not motivated by the uncertainty around the UK's imminent departure from the EU. The cuts will take place during 2019, though no precise timetable has yet been reported. Vauxhall have commented that they hope to achieve the reductions via voluntary means, and there may be possibilities for some staff to relocate to the plant in Luton. A spokesperson for the Unite union called on Vauxhall to guarantee that there will be no compulsory redundancies.
Eurofound (2018), Vauxhall, Internal restructuring in United Kingdom, factsheet number 96206, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/96206.
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...
