ERM Annual Report 2013: Monitoring and managing restructuring in the 21st century

Annual report
Udgivet
03 december 2013
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Executive summary

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Resumé

The 2013 annual report from the European Restructuring Monitor (ERM) presents a retrospective of over a decade of measuring the impact of large-scale restructuring activity in Europe. Based on a database containing details of over 16,000 large-scale restructuring events– each generally involving at least 100 job losses or gains – it paints a picture of restructuring trends across the EU Member States. The report sets out to compare activity in the period leading up to the economic and financial crisis (2003–2008) with the post-crisis period (2008–2013), in order to identify changes in restructuring practices and to pinpoint the sectors that have been disproportionately affected, in employment terms, by the global recession. Also included is a critical assessment of all ERM activities, including the two newer policy-oriented databases: public support instruments and restructuring legislation. Finally, the report places the spotlight on the phenomenon of offshoring, charting the decline in offshoring activity by European firms since the onset of the crisis. 

  • Full report

    Number of Pages: 
    120
    Reference No: 
    ef1380
    ISBN: 
    978-92-897-1136-4
    Catalogue: 
    TJ-AL-13-001-EN-C
    DOI: 
    10.2806/49326
    Catalogue info

    ERM Annual Report 2013: Monitoring and managing restructuring in the 21st century

    The 2013 annual report from the European Restructuring Monitor (ERM) presents a retrospective of over a decade of measuring the impact of large-scale restructuring activity in Europe. Based on a database containing details of over 16,000 large-scale restructuring events– each generally involving at least 100 job losses or gains – it paints a picture of restructuring trends across the EU Member States. The report sets out to compare activity in the period leading up to the economic and financial crisis (2003–2008) with the post-crisis period (2008–2013), in order to identify changes in restructuring practices and to pinpoint the sectors that have been disproportionately affected, in employment terms, by the global recession. Also included is a critical assessment of all ERM activities, including the two newer policy-oriented databases: public support instruments and restructuring legislation. Finally, the report places the spotlight on the phenomenon of offshoring, charting the decline in offshoring activity by European firms since the onset of the crisis.

  • Executive summary

    Number of pages: 
    2
    Reference No: 
    ef13801
    Catalogue info

    ERM's årsrapport 2013: Overvågning og forvaltning af omstrukturering i det 21. århundrede

    Authors: 
    Eurofound
    Denne årsrapport fra European Restructuring Monitor (ERM) præsenterer en oversigt over ERM's aktiviteter i mere end ti år med måling af den indvirkning, som omfattende omstruktureringsaktiviteter har haft i Europa. Den undersøger omstruktureringstendenser i alle EU-medlemsstaterne på basis af en database, der indeholder oplysninger om over 16 000 store omstruktureringer – hver især generelt forbundet med mindst 100 jobtab eller -gevinster. I rapporten sammenlignes aktiviteterne i perioden før krisen (2003-2008) med perioden efter krisen (2008-2013) for at identificere ændringer i omstruktureringspraksis og vise, hvilke sektorer der i beskæftigelsesmæssig henseende har været hårdest ramt af den globale recession. I de sidste kapitler behandler rapporten fænomenet offshoring – én af otte omstruktureringstyper i forbindelse med omstruktureringer, der er forbundet med betydelige jobtab, hvor aktiviteten flyttes eller outsources til steder uden for landets grænser – og følger faldet i europæiske virksomheders offshoringaktiviteter siden begyndelsen af krisen.



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Part of the series

  • European Restructuring Monitor

    The European Restructuring Monitor has reported on the employment impact of large-scale business restructuring since 2002. This series includes its restructuring-related databases (events, support instruments and legislation) as well as case studies and publications.

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