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.
Catering company Compass Group announced 900 job cuts out of the 4,500 jobs in the Netherlands. Catering for company restaurants and event catering form a large part of the company's activities. As a result of the COVID-19 crisis the turnover in company restaurants was reduced by 90% and the event catering business was shut down completely as events were cancelled. The number of job cuts may increase as the status of 3,000 jobs will be reviewed, while only 1,500 jobs are sure to remain unaffected as those jobs are part of the company's activities that are not related to catering.
Negotiations about a social plan are ongoing. Employee representatives state that talks are proceeding in a constructive way, adding that nobody is to blame for the current situation.
Eurofound (2020), Compass Group Nederland, Internal restructuring in Netherlands, factsheet number 101582, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101582.
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...
