The Effects of Mergers on Company Employment in the USA and Europe

Klaus Gugler, B. Burcin Yurtoglu

Publication: Scientific journalJournal articlepeer-review


We systematically analyse the effects of mergers and acquisitions on the demand for labour in the USA and Europe. We do not find adverse effects of mergers on labour demand in the USA, however we do find negative effects in Europe of the order of - 10% compared to pre-merger levels. We attribute this significant difference to more rigid labour markets in Europe than in the USA.
Original languageEnglish
Pages (from-to)481 - 502
JournalInternational Journal of Industrial Organization
Issue number4
Publication statusPublished - 1 Aug 2004

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