Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The industrial company SEGURA, dedicated to the design, development and manufacturing of metal components for the automobile, has communicated to the workers' representatives the proposal for a collective dismissal plan affecting 167 employees, all of them in the automotive division of the firm. The company argues that this workforce adjustment is due to forecasts for a decline in the automotive sector in the coming years (at least during 2020 and 2021) because of the effects of the COVID-19 crisis. In addition to the collective dismissal, the company plans to move its production activity from the Burjassot plant to Almussafes (Valencia), to be closer to its main client (Ford). The company plans to convert the Burjassot facilities into an R&D center when the company recovers economically. Company and unions are currently negotiating the terms of the restructuring.
Eurofound (2020), Segura, Relocation in Spain, factsheet number 101121, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101121.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
