After restructuring: Labour markets, working conditions and life satisfaction
This 2012 report from the European Restructuring Monitor (ERM) analyses the consequences of restructuring for the individual employee.
Specifically, it examines which employees lost their job at the onset of the recent economic crisis, which of them found a new job and how these events, job loss and subsequent re-employment, impacted on their overall personal situation and life satisfaction. It also looks at the impact on working conditions for the employees who continue to work at the restructured firm.
The situations of these two groups – those who lost their jobs and those who stayed at the restructured workplace – have never before been analysed by using common, EU wide and representative, datasets.