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 Modern Milkman, the British tech and home delivery company has announced that it will create 300 new jobs by the end of 2021 as it is expanding its operations in the north of England. The jobs include 100 office-based roles and 200 delivery driver roles. The company has recently secured GBP 5 million (€5.5 million as at 29 January 2021) investment aimed at environmentally sustainable businesses.
The Modern Milkman was founded in 2018 – it delivers milk, dairy products and other groceries from local suppliers directly to households. The company uses reusable and returnable packaging and customers use an app-based platform to manage their orders. The Modern Milkman has experienced rapid expansion since the start of the COVID-19 pandemic as demand for the home delivery of groceries has grown.
Eurofound (2021), The Modern Milkman, Business expansion in United Kingdom, factsheet number 103329, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/103329.
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...
