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.
Macmillan Cancer Support, the British charity has announced plans to cut 310 jobs across the UK to compensate for the reduction in its income, caused by the COVID-19 crisis. Consultation with the affected employees has already started.
The charity’s chief executive said the pandemic is expected to reduce Macmillan’s fundraised income by £175 million (approximately €193 million as at 9 October 2020) by 2022 and added that the main aim was to protect the ‘Macmillan nurses’ service and the helpline for people living with cancer, both of which have seen increased demand since the start of the pandemic.
Macmillan Cancer Support is one of the largest British charities. It provides specialist health care, information and financial support to people affected by cancer and campaigns for better cancer care. It was established in 1911 and it currently relies on public donations for 98% of its income.
Eurofound (2020), Macmillan Cancer Support, Internal restructuring in United Kingdom, factsheet number 102035, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102035.
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...
