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 coronavirus ‘test and trace’ service of the UK’s National Health Service (NHS) has announced that it will cut 6,000 contact tracer jobs, a third of the current workforce, because a new approach to contact tracing is being adopted, replacing the current centralised system.
The Executive Chair of NHS Test and Trace said the current system used to contact people who are at risk of having contracted the new coronavirus had been built to ensure that it had extra capacity and reducing its size was a 'planned next step' in tackling the virus.
Regional and local leaders of the public health system in England were critical of the current system from the start and some employees had told the media that they felt untrained and did not have enough work to do.
NHS Test and Trace was established in May 2020. It is an outsourced service provided to the National Health Service in England, to track and help prevent the spread of COVID-19.
Eurofound (2020), NHS Test and Trace, Internal restructuring in United Kingdom, factsheet number 101915, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101915.
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...
