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 National Theatre of Great Britain, based in central London, has announced it will cut 400 jobs from 31 August because it cannot afford to pay its employees due to the COVID-19 crisis. The redundancies will affect casual staff: 250 front of house staff and 150 people on the backstage teams.
A spokesperson for the National Theatre said job losses are unavoidable because the National Theatre has been prevented for long-time to 'perform to audiences at usual capacities', and it is unclear when it will become again possible.
A statement by the Broadcasting, Entertainment, Communications and Theatre Union (Bectu) warned that the British theatre sector will lose thousands of jobs unless the UK government provided targeted support.
The Royal National Theatre, internationally known as the National Theatre of Great Britain, is one of the UK's most important publicly funded performing arts venues. Its NT Live programme broadcasts productions to cinemas in 60 countries - during the COVID-19 lockdown in the UK, NT Live performances were shown on YouTube, free of charge.
Eurofound (2020), National Theatre, Internal restructuring in United Kingdom, factsheet number 101454, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101454.
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...
