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.
Polish national airline Polskie Linie Lotnicze LOT (PLL LOT) has announced that it will cut up to 300 jobs throughout a collective dismissal programme in the first half of 2021. The source reports the airline has already received public aid of €650 million. Trade unions claim the idea of redundancies should be abandoned and some resources from the public aid should be used to improve the working conditions of full-time employees. PLL LOT has been hit by the COVID-19 pandemic; the total number of LOT's passengers has fallen to around 2 million travellers in 2020, and the company is trying to maintain liquidity.
Currently, PLL LOT employs about 1,600 employees with employment contracts, including 700 ground staff, 500 cabin crew and 270 pilots. Almost the same number of self-employed cooperate with the airline.
Eurofound (2020), Polskie Linie Lotnicze LOT, Internal restructuring in Poland, factsheet number 102956, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102956.
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...
