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.
Japan's largest securities firm Nomura Holdings unveiled plans to cut $1 billion of costs at its struggling investment bank, that will lead to 150 job cuts worldwide. In Europe, Nomura has struggled to generate profits ever since it bought Lehman Brothers Holdings' operations there in 2008. The bank's job cuts there will mostly target rates and credit traders in London. The Japanese bank has already cut position in Europe (230 job cuts in 2011) and in the UK (1,000 job cuts in 2008, and 200 job cuts in 2012).
Eurofound (2019), Nomura, Internal restructuring in World, factsheet number 97722, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/97722.
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...
