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New EU-wide restructuring report reveals wide variations in consequences across country, sector, employees

Brussels (Belgium), 07.11.2012

Wednesday 7 November 2012

High levels of restructuring activities across the European Union have resulted in five million fewer jobs in 2012 compared to 2008, according to the 2012 Report from the European Restructuring Monitor (ERM).

With just over a third (37%) of EU27 employees reporting that restructuring occurred at their workplace in the previous three years, the report also looks at the consequences of restructuring for the individual employee. The report, which is a unique source of EU-wide information on reported restructuring developments, was launched at the European Parliament today, aimed at contributing to discussions on the future of the European Globalisation Fund.

EN (pdf)

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