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.
Travel agency Atlas has launched an extensive process of business optimisation and restructuring entailing the dismissal of 132 of its 151 employees. Atlas has not been able to find a sustainable business model for many years and the final blow was the COVID-19 crisis that has particularly adverse consequences on the South Adriatic region, where Atlas is mostly active. Therefore, dismissed workers are awaiting the termination of their employment contract and the legal severance payment. The president of the Tourism and Services Trade Union of Croatia said that there were no hopes for the rescue of previously big and important companies in the sector.
Eurofound (2020), Atlas, Internal restructuring in Croatia, factsheet number 101322, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101322.
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...
