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 Prague Airport will lay off another 150 employees by the end of 2020 due to this year's huge drop in traffic caused by the COVID-19 pandemic and associated travel restrictions. The redundancies will mainly affect operational and administrative positions. The airport will thus follow up on the spring wave of redundancies, when 450 employees left the company. During the spring crisis, Prague Airport recorded a loss of passengers of more than 99 percent. During the summer, the number of passengers began to rise to 350,000 in August, but it was still below last year's almost two million. In October, the airport handled around 115,000 passengers, which is 93 percent less year-on-year. The Prague Airport is the most important of the country and in 2019 handled about 17.8 million passengers.
Eurofound (2020), Letiště Praha (Prague Airport), Internal restructuring in Czechia, factsheet number 102691, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102691.
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...
