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 American group Stryker, which manufactures medical equipment, has announced 158 job cus at the Tornier company, which is specialised in the manufacture of shoulder prostheses, located at Montbonnot-Saint-Martin (Isère). This reorganisation follows the takeover of Tornier by Strker in November 2020. The logistics department, for example, is directly impacted and could close down permanently. A long period of negotiations will now begin with the management of Stryker. Even if reemployment proposals could be proposed near Lyon or Bordeaux, on different activities, the unions expect forced dismissals. Around 100 employees were on strike in front of the site on 13 January to protest against the redundancy plan.
Eurofound (2020), Tornier, Merger/Acquisition in France, factsheet number 103000, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/103000.
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...
