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.
Mainetti, a company based in Jedburgh in the Scottish Borders, which manufactures coat hangers, as well as other plastic products, has announced plans to cut 50 jobs. Around 360 people are employed at the firm in Jedburgh. The company has said that the demand for coat hangers has reduced, due to recycling and problems facing high street retail. Added to this, production costs have increased. The firm is hoping to achieve the reductions through voluntary means. The local MP commented that the job losses were 'disappointing' but also pointed to the fact that more than 300 jobs would remain in the town. The time frame for the job losses has not yet been reported.
Eurofound (2018), Mainetti, Internal restructuring in United Kingdom, factsheet number 96223, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/96223.
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...
