European Restructuring Monitor
Since 2002, the European Restructuring Monitor (ERM) has been monitoring the employment impact of large-scale restructuring events in the 27 EU Member States plus Norway. The ERM offers a searchable database of restructuring events based on announcements in national media sources. Detailed information is available on this site about the data collection method, the media sources used, available information and data limitations.
Since 2011, the ERM also provides a database on national public support instruments for restructuring to assist companies and workers to anticipate and manage restructuring. To date, the database provides information on almost 400 national schemes. Furthermore, since 2013 the ERM database on restructuring related legislation gives an overview on national regulations related to, for example, definitions of collective dismissal and dismissal procedures or information/consultation requirements in restructuring.
Drawing on the data collected through the ERM over the previous three months, the ERM quarterly outlines major European trends in restructuring.
Another key ERM publication is the annual report focusing on a specific topic that reflects current policy priorities. In 2013, the ERM annual report made use of the restructuring database that includes details of over 16,000 large-scale restructuring events to compare activity in the pre-crisis period (2003–2008) with the post-crisis period (2008–2013), and places the spotlight on the phenomenon of offshoring, charting the decline in offshoring activity by European firms since the onset of the crisis.
The comparative analytical reports represent an additional strand of research within the ERM. They provide information on developments at EU and national level on specific themes, including company case examples.
For a quick overview on the ERM and its publications, download the info sheet.
Quarter 1 - April 2014
The first issue for 2014 includes:
- macroeconomic trends and prospects;
- job creation and job loss at a glance (1/1/14 - 31/3/14);
- sectoral distribution of job losses/job gains, and top five cases;
- national collective redundancy provisions;
- sector in focus: Steep jobs decline in German PV industry;
- sector in focus: More jobs losses in financial sector.
- Over the last week, 5 new restructuring cases have been added.
- To date, 17782 restructuring cases have been recorded.