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.
Telecommunications multinational company Telefonica has launched a new voluntary redundancies plan (without minimum age, unlike the previous plan). The company expects to reach 500 employees joining the plan. the plan would pay 50% of employees' salary over a ten years period for employees who have a minimum seniority of 10 years, and 60% of their salary over a five years period for workers with five to ten years of seniority in the company.
This announcement ia an additional measure following the voluntary redundancy plan that affected 2,636 employees in 2019.
Eurofound (2020), Telefónica, Internal restructuring in Spain, factsheet number 99720, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/99720.
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...
