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.
Cellnex, the Spanish wireless telecommunications infrastructure and services company, has reached an agreement on a collective redundancy plan with the worker's representatives of its subsidiaries Retevisión, Tradia and On Tower. The agreement will affect between 240 and 252 employees and will be voluntary redundancies. On the one hand, those affected workers who reach 57 years of age or older in the period 2022-2025 with at least seven years of seniority in the company will receive 75% of their net salary until the age of 65. The rest of those affected employees will receive a compensation equivalent to the salary of 45 or 33 days per year worked with the maximum legal ceiling. Cellnex has accelerated in recent years its transition from the traditional business of signal distribution in the audiovisual segment to the field of mobile phone tower management. This has led to the recruitment of new professional profiles and the implementation of automation processes.
Eurofound (2021), Cellnex, Internal restructuring in Spain, factsheet number 106134, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106134.
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...
