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.
Brighton Pier group, the British hospitality business has announced that it will cut 200 jobs across the UK as the government’s Coronavirus Job Retention Scheme ends while bars and other late-night entertainment venues remain closed due to the COVID-19 restrictions and social distancing rules.
The company said the lack of certainty meant that it could not 'provide any prospect of work' for some of its staff. The chief executive officer called on the government to announce a plan for re-opening late-night venues.
The Brighton Pier Group manages bars, amusement arcades and other attractions at Brighton Palace Pier and a number of mini golf sites, and employs 500 people.
Eurofound (2020), Brighton Pier Group, Internal restructuring in United Kingdom, factsheet number 102092, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102092.
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...
