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.
TSB, Scotland based high street bank, has announced that it will open a new IT centre in its headquarters in Edinburgh in April 2020, creating 100 technology jobs. The newly created jobs include IT specialist, data engineer and data analyst roles.
The new centre is part of a three-year strategic plan, which was adopted after the introduction of a new computer system that caused serious disruption to TSB’s online services in 2018.
While TSB is investing in its new IT centre, the internal restructuring, which involves the closure of over 80 branches in Scotland and England, is also continuing.
Eurofound (2020), TSB, Business expansion in United Kingdom, factsheet number 99717, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/99717.
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...
